WISE Plans New Bank Application After OCC Rejection Under Stablecoin Framework
WISE Plans New Bank Application After OCC Rejection Under Stablecoin Framework
CoinLive
The Office of the Comptroller of the Currency denied WISE’s application to establish a national trust bank. According to NS3.AI, WISE said it plans to submit a new application under the GENIUS Act’s stablecoin framework after the OCC cited anti-money laundering shortcomings.
