Wise to Resubmit US Charter Application Under GENIUS Act

Cointelegraph Staff

(04:05 PM UTC)

1 min read

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…

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