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Sony has taken wall street by surprise after its banking division, sony bank, filed an application with the u.s Sony bank, the banking arm of electronics giant sony, has applied for a national trust charter in the us that would enable it to offer crypto services including stablecoins. Office of the comptroller of the currency (occ) to establish a national crypto bank.
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In a significant signal that global financial giants are eager to establish regulated footing in the u.s Sony ’s banking division, sony bank, has filed an application with the us office of the comptroller of the currency (occ) to create a national crypto bank under its subsidiary, connectia trust Digital asset market, sony bank has formally applied to the office of the comptroller of the currency (occ) to establish a national trust bank
Dated october 6, 2025, the application outlines plans
Sony’s decision comes amid a surge of major financial and technology firms racing to secure crypto banking licenses under the u.s Genius act, a new law establishing a clear framework for stablecoin issuance and oversight. Sony filed through connectia trust to form a federally regulated crypto bank, entering direct competition with erebor Erebor’s model includes full depository services and.