Wise to resubmit US charter application under GENIUS Act

CryptoInfo Editorial Team · Published on July 25, 2026 at 16:05 · Updated on July 25, 2026 · 1 min read

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Key Takeaways

→Wise plans to resubmit its US charter application under the GENIUS Act.
→The OCC denied Wise's initial application due to AML/CFT risks.
→The OCC has approved similar charters for digital asset companies in the last year.

Disclaimer: This content is provided for informational purposes only and does not constitute financial or investment advice.

According to reporting from CoinTelegraph, Wise, a UK company, plans to resubmit its US charter application under the GENIUS Act. This decision comes after the Office of the Comptroller of the Currency (OCC) denied the company's initial application, citing risks related to Anti-Money Laundering (AML) and Combating the Financing of Terrorism (CFT).

Notably, the OCC has approved similar charters for digital asset companies in the last year, despite denying Wise's application on the same grounds.

Source: CoinTelegraph ↗