Wise

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.

Wise intends to resubmit its application for a national trust bank under the GENIUS Act framework. The OCC has conditionally approved multiple stablecoin-focused entities since December.

Wise Group shares fell as much as 11% on Friday after the U.K.-headquartered, U.S.-listed fintech's application for a national bank charter was denied.

Wise's application for a US bank licence was rejected by a regulator due to concerns over anti-money laundering checks and insufficient understanding of banking law.

Wise stock declined following a money-laundering investigation launched by the Brussels Public Prosecutor's Office, which is examining suspicious transactions exceeding €500 million. The investigation focuses on potential financial misconduct involving over half a billion euros.

Revolut, a London-based fintech company founded by Nik Storonsky, has a $75 billion valuation and 75 million global customers. It has achieved verbification in Ireland and is expanding to the U.S., having recently secured a U.K. banking license and reporting $2.3 billion in 2025 profits. JPMorgan Chase CEO Jamie Dimon highlighted Revolut as a disruptive force in finance.

Five Eyes intelligence agencies warn China is using LinkedIn, Indeed, and Upwork to recruit individuals with access to classified information, targeting security clearance holders in defense, security, and foreign affairs. Chinese operatives pose as private sector employees to solicit sensitive data through job advertisements, encrypted messaging, and financial incentives.

Estonia will provide schoolchildren with free ChatGPT accounts to support educational use of AI. Teachers use chatbots for role-playing scenarios and improving AI-written essays, reflecting a broader trend of integrating AI into education. The move echoes past initiatives like Sweden’s computer distribution and Estonia’s 1996 'Tiger Leap' policy, which contributed to the success of companies like Bolt, Skype, and Wise.

Wise experienced a £2bn devaluation as it faces a Belgian investigation over money laundering allegations. The investigation has led to significant financial losses for the company.

Wise, a UK-based international money transfer service, is under investigation by Belgian prosecutors over money laundering concerns, leading to a drop in its share price. The company confirmed it is cooperating with the Brussels prosecutor's office as part of routine regulatory engagement.

UK fintech company Wise has made its US trading debut with a dual listing. The move marks a significant expansion for the company. Wise is led by CEO Kristo Kaarmann.

A user seeks help setting up a fiat-to-crypto system, using funds in Wise and Coinbase. They consider Gnosis/Monerium as a potential solution and request alternatives with a functional EUR IBAN.

Wise, a money transfer firm, confirms it is on track to switch its primary listing from the UK to the US next month. The move marks a significant strategic shift for the company's global operations.