Crypto payment gateway Alchemy Pay has obtained four additional money transmitter licenses (MTLs) in the US, specifically in the states of Wyoming, Oregon, Oklahoma, and Minnesota. This brings the total number of licenses obtained by Alchemy Pay to eight. The company will now be able to offer its cryptocurrency services to individuals and businesses in these states, including on-ramp and off-ramp services that allow for the conversion of US dollars to cryptocurrencies. Alchemy Pay aims to capitalize on the potential of the US crypto industry, with the goal of obtaining MTL licenses across the country. The process of obtaining licenses can vary in length, typically taking several months to a year.
- Content Editor ( thenewscrypto.com )
- 2024-11-08
Alchemy Pay Secures Four New US State Licenses to Boost Reach Out