Alchemy Pay achieves money transmitter license in Delaware, enhancing its regulatory presence in the US

Alchemy Pay has obtained a Money Transmitter License (MTL) in Delaware, USA. This license permits them to offer regulated money transfer services and fiat-to-crypto transactions.

With this addition, Alchemy Pay now holds MTL licenses in 15 states across the USA and aims to expand further with additional licenses. They are positioning themselves for growth in the fiat-to-crypto market and development of their own stablecoin.