Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Alchemy Pay Acquires Money Transmission License in Iowa for US Expansion

Alchemy Pay Acquires Money Transmission License in Iowa for US Expansion

CointimeCointime2023/11/23 17:39
By:Cointime

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.

0

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.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Today’s Crypto Highlights: Ripple Courts Circle, BTC Updates & More

Behind the Scenes: Ripple's Circle Acquisition Attempt and Unfolding Crypto Adoption Developments

Coineagle2025/05/03 02:44
Today’s Crypto Highlights: Ripple Courts Circle, BTC Updates & More

Bitcoin Shift Causes Market Disruption – Analyzing a Whale’s $170M Move and its Impact

Unraveling the Underlying Implications of a Massive Bitcoin Transfer - Possible Harbinger of Major Market Movements?

Coineagle2025/05/03 02:44
Bitcoin Shift Causes Market Disruption – Analyzing a Whale’s $170M Move and its Impact