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
SAND breaks through $0.8, with a 24-hour increase of 81.2%
In the past 12 hours, the entire network has liquidated 317 million US dollars, mainly long orders
Donald Trump Allegedly to Appoint Another Cryptocurrency Industry Figure to a High-Level Position in His Administration
US President-elect Donald Trump will allegedly include another cryptocurrency friend in the new administration.
Bitcoin’s Epic Rise Panics the Owner of the Largest Gold ETF – He Talks About BTC
Following the recent major increase in the Bitcoin price, statements came from the owner of the gold ETF.
Trending news
MoreCrypto prices
More
