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Wise’s US Trust Bank Bid Under the GENIUS Act: What to Know About the Compliance Challenges

wise’s us trust bank bid under the genius act what to know about the compliance challenges

On July 24, the Office of the Comptroller of the Currency (OCC) denied Wise’s application for a US national trust bank charter, citing unresolved compliance deficiencies. Wise shares fell sharply on the news.

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Latvia’s MiCA Licensing Surge: What’s Driving It?

Latvias mica licensing surge whats driving it banner img

We have recently written extensively about payments and compliance for tokenized US stocks. It has been a while since we returned to our core area of expertise: crypto licensing.

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From PayPal to OpenUSD: How Payment Companies Are Reshaping Stablecoins

From PayPal to OpenUSD How Payment Companies Are Reshaping Stablecoins

In the first two pieces of this payments series, CryptoLicense looked at card networks and banks. Card networks are changing the settlement layer: Visa is using USDC for settlement, and Mastercard spent USD 1.8 billion to acquire BVNK as a bridge.

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We have a big dream: to make licensing a launchpad for your success, not a roadblock. After all, we get it – licenses, regulations, and cultural differences can feel like they’ll take forever and cost a fortune, but it doesn’t have to be that way. We’re here to help you secure the approvals you need – quickly and cost effective so your business can reach its full potential.

Switzerland

CL Global Solution GmbH

Company No.: CHE-199.201.424

Registered Address: Baarerstrasse 43, 6300 Zug, Switzerland

United Kingdom

Crypto Licence Ltd

Company No.: 16303114

Registered Address: 71-75 Shelton Street, Covent Garden, London WC2H 9JQ, United Kingdom

Hong Kong

CL Global Solution Limited

Company No.: 78743684

Registered Address: Rm 03, 24/F, Ho King Commercial Centre, 2-16 Fayuen Street, Mong Kok, Kowloon, Hong Kong

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