Wise plans to refile U.S. trust charter application under GENIUS Act rules

The company said it is revising its application to fit an updated regulatory framework, signaling a renewed push under the latest U.S. rules.

Summary

Wise plans to refile its U.S. trust charter application under the GENIUS Act rules, adjusting the submission to align with the updated regulatory structure. The move suggests the company is reshaping its approach to fit a new U.S. framework as it continues its effort to secure the charter.

Terms & Concepts
  • trust charter: Regulatory license for trust operations.
  • GENIUS Act: U.S. law or framework governing the application process.