Alchemy Pay Secures Four New US State Licenses to Boost Reach Out
Alchemy Pay can provide its cryptocurrency services to individuals and businesses in these regions.
With these additional licenses, Alchemy Pay now has a total of eight licenses in the US.
Alchemy Pay, a cryptocurrency payment gateway, has increased its compliance in the US with four additional licenses. On November 8, Alchemy Pay confirmed that it has obtained money transmission licenses (MTLs) in the states of Wyoming, Oregon, Oklahoma, and Minnesota.
Data from the Nationwide Multistate Licensing and Registration System shows that with these additional licenses, Alchemy Pay now has a total of eight licenses in US states. These licenses are the most recent; others were approved in September 2023 in Arkansas, November 2023 in Iowa, and in New Hampshire and New Mexico. Now that they have four more licenses, Alchemy Pay can provide their cryptocurrency services to individuals and businesses in these areas.
Capitalizing on Tremendous Potential
In addition, these eight states have authorized Alchemy Pay to provide their on-ramp and off-ramp services, allowing consumers to easily convert US dollars into cryptocurrencies like Bitcoin. To ensure compliance with state standards, Alchemy Pay has been rolling out services progressively with each new license, starting with crypto on-ramps and off-ramps.
With Alchemy Pay, you can purchase virtual and physical cards for quick cryptocurrency spending anywhere in the world. They also have an on-ramp solution. Merchants can now accept cryptocurrency payments with Alchemy Pay’s cryptocurrency payment solution.
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