Alchemy Pay Acquires Money Transmission License in Iowa for US Expansion
Alchemy Pay has obtained a money transmission license in Iowa, in compliance with local state laws. The crypto-fiat payment gateway plans to expand extensively into the United States and is looking into acquiring permits in other countries like Hong Kong and the United Kingdom. Alchemy Pay believes that proper regulations are essential for the sustainable growth and development of the fiat-crypto payment industry. The company is valued at $400 million and offers various payment methods, including Mastercard, Visa, domestic transfers, and regional mobile wallets. It also recently joined the Stellar ecosystem as a new provider of on-ramp and off-ramp services.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial Listing] Camp Network (CAMP) will be listed in Bitget Innovation and Public Chain Zone
XPLUSDT now launched for pre-market futures trading
Announcement on Bitget listing AAPL, GOOGL, AMZN, META, MCD RWA Index perpetual futures
Bitget Trading Club Championship (Phase 6)—Grab a share of 80,000 BGB, up to 800 BGB per user!
Trending news
MoreCrypto prices
More








