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Sony secures conditional approval to set up U.S. stablecoin trust bank
Original Source: CoinDesk Original URL: https://www.coindesk.com/business/2026/07/09/sony-secures-conditional-approval-to-set-up-u-s-stablecoin-trust-bank Content: The New York-based subsidiary, fully owned by Sony Bank, will be capitalized with $40 million to support its upcoming stablecoin business operations.
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