06:07 ET
Alchemy Pay Strengthens U.S. Regulatory Footprint with Four New Money Transmitter Licenses
Alchemy Pay has secured four new Money Transmitter Licenses in the U.S., covering Kansas, West Virginia, South Dakota, and Nebraska. This brings its total to 14 states, enhancing its ability to conduct regulated money transmission activities. The licenses support Alchemy Pay's expansion of fiat-to-crypto services and its plans for a stablecoin and Alchemy Chain, a Layer 1 blockchain. The company has also made significant regulatory progress globally, including registrations in Australia and Korea, reinforcing its position as a trusted payment leader in the digital economy.
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