Alchemy Pay, a popular crypto payment platform, has recently received new licensing in four states in the USA. It has obtained a Money Transmitter License (MTL) in the states of Oklahoma, Wyoming, Minnesota, and Oregon. This brings the total number of U.S. state licenses to eight, expanding access to secure crypto-fiat solutions to more users.
This new licensing allows Alchemy Pay to provide money transmitter services in these four states, along with four other states where it already operates, making a total of eight US states. This is an important development for Alchemy Pay, which is committed to providing seamless crypto services for US users.
With the new MTLs, the platform can now provide seamless crypto payment services for users in these US states, enhancing transactions between different cryptocurrencies and fiat currencies. This aligns with Alchemy Pay’s dedication to setting high standards for compliant growth in Web3, a landscape that is now seen as promising under the recent pro-crypto sentiment in the U.S.
market. Romeo Luo, Chief Revenue Officer at Alchemy Pay, said that securing MTL licenses in Minnesota, Oklahoma, Oregon, and Wyoming strengthens the company’s foothold in the U.S. market, where the crypto economy has significant potential for growth. Alchemy Pay is proud to be setting high standards in the evolving Web3 landscape, especially in the U.S., a market with vast opportunities for growth.
The new MTLs also demonstrate Alchemy Pay’s compliance with regulatory guidelines for money transmitter providers. The platform continues to build its presence significantly in the U.S. and other regions worldwide. This acquisition of MTLs underscores Alchemy Pay’s commitment to a secure, accessible, trustworthy, and scalable crypto payment ecosystem that thrives in both the U.S.
and the global market.
