Stone and his producing partner Moritz Borman have acquired the movie rights to 'The Snowden Fils: The Inside Story of the World's Most Wanted Man', written by journalist Luke Harding, based on his reports about Snowden in the Guardian newspaper.
The thriller will focus on the experiences of Snowden, a contractor at the National Security Agency who leaked thousands of classified documents to the former Guardian columnist Glenn Greenwald back in June 2013.
"This is one of the greatest stories of our time. A real challenge. I'm glad to have the Guardian working with us," the 67-year-old filmmaker, who has also made documentaries on political figures like Fidel Castro and Hugo Chavez, said in a statement.
Snowden's revelations lifted the lid on mass government surveillance, sparking a global furore.
Snowden has been granted temporary asylum in Russia currently but faces a 30-year prison sentence if he returns to the US.
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