X @Wu Blockchain

Regulatory Landscape - Connectia Trust, a Sony Bank subsidiary, has applied to the U.S OCC for a national crypto bank charter [1] - Sony joins firms like Stripe, Coinbase, Paxos, and Circle in seeking OCC approval for regulated crypto operations [1] Business Strategy - The firm plans to issue a USD-backed stablecoin [1] - The firm plans to hold corresponding reserves for the stablecoin [1] - The firm plans to offer digital asset custody and management services [1]