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Regulatory Approval
The formal consent granted by governmental or regulatory bodies, essential for financial institutions to operate within specific legal frameworks and offer new services.
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Sony Bank Secures US Regulatory Green Light for Stablecoin Issuance
By Owais Farooq
•
3 weeks ago
Sony Bank has obtained preliminary approval from the OCC to launch a US stablecoin business, marking a significant entry for a traditional financial institution into the digital asset space.
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