US OCC sends Wise stock crashing with banking charter denial

AI Summary Wise (NASDAQ: WSE) has lost its bid for a US national trust bank charter, and in less than 24 hours, its shares have dropped by 11%. The Office of the Comptroller of the Currency (OCC) rejected the payments firm’s application over anti-money-laundering deficiencies on Thursday, July 23. Wise has been making moves to expand its... fulltext: 337 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.cryptopolitan.com/occ-denies-wise-us-bank-charter/ Source: CryptoPolitan