Wise to Resubmit US Charter Application Under GENIUS Act

Update (July 25, 4:39 pm UTC): This article has been updated to include a response from Wise.Payments company Wise will to change its strategy for applying for a charter license with the US Office of the Comptroller of the Currency (OCC) to one “under a GENIUS Act framework,” the legislation to regulate stablecoins in the country.According to a Thursday notice from Wise, the company plans to submit a new application for a national trust bank…

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