The Block (@TheBlockCo): THE BLOCK: Japan's Sony Bank has secured conditional approval from the OCC to set up a U.S. national trust bank with plans to issue a dollar-backed st…
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THE BLOCK: Japan's Sony Bank has secured conditional approval from the OCC to set up a U.S. national trust bank with plans to issue a dollar-backed stablecoin. The U.S. subsidiary, Connectia Trust, aims to launch next year, according to IBTimes.