Is neon a real bank?

Excuse me, I've come across the term "neon" in the context of banking and finance, particularly in relation to cryptocurrency. I'm quite intrigued, but I must admit, I'm a bit skeptical. So, I'm curious to know, is neon a real bank? If so, can you elaborate on its legitimacy and the services it offers? Additionally, are there any specific regulations or oversight bodies that govern its operations? I'd appreciate your insights into this matter.