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Wise expected to resubmit US charter application under GENIUS
The UK-based company Wise had its US charter application denied by the Office of the Comptroller of the Currency (OCC) due to anti-money laundering (AML) and counter-terrorism financing (CFT) risks. Despite this denial, the OCC has approved similar charters for digital asset companies in the past year. Wise is expected to resubmit its application under the GENIUS framework.
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