Sony has applied for a US national banking license and plans to conduct crypto business through its subsidiary Connectia Trust.
banking business department of Sony Group has officially submitted an application for a national banking license in the United States, planning to conduct "specific cryptocurrency-related business" through its subsidiary Connectia Trust. According to the application documents, the trust company will issue a stablecoin pegged to the US dollar, manage corresponding reserve assets, and provide digital asset custody and asset management services.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
German Firm Aifinyo Discloses €3M Bitcoin Holdings
A Technical Deep Dive into The Zero Knowledge Proof’s Parallel and Recursive Proofs – Whitelist Opens Soon.
Pseudonymous Trader Opens $35 Million ETH Long Position
Trending news
MoreCrypto prices
More








