The OCC denied the UK company’s application this week citing AML/CFT risks, despite approving similar charters for digital asset companies in the last year.
Source: [CoinTelegraph](https://cointelegraph.com/news/wise-resubmit-occ-charter-application-genius-stablecoins?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)