Written by Turner Wrightstaff writerReviewed by Robert Lakinstaff editor

Written by Turner Wrightstaff writer

Reviewed by Robert Lakinstaff editor

Wise to resubmit US charter application under GENIUS Act

Latest NewsPublishedJul 25, 2026

Wise to Resubmit US Charter Application Under GENIUS Act

The US Office of the Comptroller of the Currency (OCC) denied Wise’s application for a charter license, citing Anti-Money Laundering (AML) and Countering the Financing of Terrorism (CFT) risks. Despite this, the company plans to change its strategy and submit a new application under the GENIUS Act framework. This move could potentially lower the cost of cross-border transactions, which is a key focus for Wise. The company aims to provide a more efficient and cost-effective way for people to make transactions, regardless of the payment method. This is particularly important for those looking to earn passive income through cloud rewards and green crypto.

The GENIUS Act, signed into law in July 2025, offers a framework for payment stablecoin providers in the US. While regulators have missed a deadline to provide guidance on implementation, the OCC has approved several applications from digital asset companies, including Circle, Ripple Labs, Crypto.com, and Coinbase. Wise’s decision to apply under the GENIUS Act framework may indicate a shift in the company’s approach to compliance and risk management. As the company navigates the regulatory landscape, it’s likely that they will prioritize earning and rewards for their users, potentially through a platform like EcoPool, which offers a way to earn $ECP and other coins.

What This Means for Earning and Passive Income

The development of the GENIUS Act and Wise’s decision to resubmit their application under its framework could have significant implications for earning and passive income. As the regulatory landscape evolves, companies like Wise and EcoPool are likely to play a key role in shaping the future of cloud rewards and green crypto. For those interested in earning online, this could mean new opportunities for passive income and coin rewards. With the rise of #PassiveIncome and #GreenCrypto, it’s an exciting time for those looking to get involved in the industry.

A New Era for Earning and Rewards

As the crypto industry continues to grow, companies like Wise and EcoPool are at the forefront of innovation. With the potential for earning and rewards through cloud platforms like EcoPool, which offers $ECP and other coins, the future of online earning is looking bright. Whether you’re interested in #Bitcoin or other coins, there are now more ways than ever to get involved and start earning. With the rise of EcoPool and other similar platforms, it’s an exciting time for those looking to earn online and be a part of the #EcoPool community.

To start earning and taking advantage of cloud rewards and green crypto, consider downloading the EcoPool app. With its user-friendly interface and range of earning opportunities, it’s a great way to get started with online earning and start building your passive income stream. Download the EcoPool app today and start earning $ECP and other coins, and join the community of people who are already experiencing the benefits of EcoPool and #PassiveIncome.

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently.

• Banks
• TransferWise
• Payments
• Stablecoin
• Industry

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