Wise Reapplies Under GENIUS Act | Bitcoin and Crypto News

Wise is back for another shot at a US banking charter after being denied by the OCC over concerns about its anti-money laundering and counter-terrorism financing systems. This time, they’re targeting the GENIUS Act framework — a new legislative path for stablecoin-focused companies — even though federal agencies missed a key deadline to finalize implementation rules. Despite the OCC’s recent rejections, Wise remains laser-focused on slashing cross-border fees, betting the GENIUS Act route better aligns with their mission — and they’re preparing to resubmit without delay. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/86203f1c80e79159