Alchemy Pay has announced that it has registered with the Financial Transactions and Reports Analysis of Canada (FINTRAC) as a Money Services Business (MSB). This registration allows Alchemy Pay to offer a wide range of financial services in Canada, including money transactions, currency exchange, and operations involving virtual currencies. The registration also ensures that Alchemy Pay complies with financial regulations in Canada and upholds top compliance standards, such as anti-terrorist financing and anti-money laundering regulations. The registration enables Canadian consumers to securely and easily purchase digital assets, transact funds, complete transfers, and convert cryptocurrency into fiat currency. Alchemy Pay is currently expanding its presence in North America and is also seeking licenses in other key regions worldwide.



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