Ethena launches the Neobank application on Avalanche

Ethena launches the Neobank application on Avalanche

Ethena launches the Neobank application on Avalanche | Without a bank Ethena launches Ethena Pay, offering USDe yields, card rewards, global transfers and a new utility for ENA. Ethena brings USDe directly to consumers with Ethena Pay, a self-service money app offering savings rewards, international transfers and card spending. What’s the scoop? Ethena Pay goes … Read more

It would be wise to resubmit the US charter application under the GENIUS Act

It would be wise to resubmit the US charter application under the GENIUS Act

The OCC rejected the British company’s application this week citing AML/CFT risks, although it approved similar charters for digital asset companies last year. Update (July 25, 4:39 p.m. UTC): This article has been updated to include a response from Wise. Payments company Wise will change its charter license application strategy from the U.S. Office of … Read more