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Is Sony The Next Crypto Bank? Tech Giant Applies For A National Charter In The US

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Sony’s blockchain Soneium launches amid controversy, ‘blacklisting memecoins they don’t like’

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Soneium, the Ethereum Layer-2 blockchain developed by Sony (NYSE: SONY), has finally launched its mainnet, revealing a controversial decision. The blockchain is reportedly censoring and “actively blacklisting” specific tokens such as memecoins and other alleged intellectual property (IP) violations. Since its first announcement in August 2024, Soneium is one of the most expected developments in the Ethereum ecosystem. This is because the Layer-2 blockchain belongs to Sony, a 78-year-old Japanese technology giant, with a strong market share worldwide. Until now, Sony’s blockchain had being running in a testnet, without any noticeable restrictions, thriving backed by a reputable brand. However, the mainnet launch, announced on January 13’s night (EST), officially introduced Soneium to the world under significant controversy. Picks for you St...
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