Crypto payment platform Alchemy Pay has been recognized as a Self-Regulatory Organization (SRO) by the Association for Quality Assurance of Financial Services (VQF) in Switzerland. This recognition allows the platform to operate compliant and secure crypto-to-fiat and fiat-to-crypto exchange services, with a focus on stablecoins in the Swiss market. As an SRO, Alchemy Pay will maintain high standards for its participants in financial services in Switzerland. The company sees this development as an opportunity to further expand its stablecoin payment mechanism within the country. Alchemy Pay has demonstrated its ability to navigate complex regulatory environments through previous successful expansions in other jurisdictions. It aims to provide reliable services to the growing crypto community in Switzerland while ensuring full compliance with relevant regulations.



Other News from Today