Alchemy Pay Obtains Mississippi Money Transmitter License, Reaching 20 U.S. States
Alchemy Pay has secured a Money Transmitter License (MTL) in Mississippi from the Mississippi Department of Banking and Consumer Finance. This milestone expands the company's regulatory footprint to 20 U.S. states, supporting its mission to bridge traditional financial systems with the digital asset economy through compliant fiat-to-crypto and crypto-to-fiat services. The expansion aligns with Alchemy Pay's broader strategy to develop stablecoin infrastructure via its Alchemy Chain Layer 1 blockchain and its Real World Asset (RWA) platform. Beyond the U.S., the company has established regulatory presence in Australia, South Korea, Switzerland, and Hong Kong through various registrations and investments.
Topics: Crypto Regulation Fintech Expansion Money Transmitter License Stablecoin Infrastructure