WSE shares fall -6% premarket after the U.S. Office of the Comptroller of the Currency denied Wise's application for a National Trust bank C

WSE shares fall -6% premarket after the U.S. Office of the Comptroller of the Currency denied Wise's application for a National Trust bank Charter as it was incompatible with Fed's new policies for payment system access. Wise plans to submit a new application under GENIUS Act framework, which pertains to digital assets like stablecoins