Alchemy Pay Secures Mississippi Money Transmitter License, Expanding U.S. Licensed States to 20

November 4th: Fiat and crypto payment service provider Alchemy Pay announced that it has obtained a Money Transmitter License (MTL) from the Mississippi Department of Banking and Consumer Finance. With this, the number of states where Alchemy Pay holds a money transmission license in the U.S. has increased to 20, and it is still advancing applications in multiple jurisdictions.

Alchemy Pay stated that expanding its U.S. compliance coverage will help advance fiat and crypto exchange and payment services, and support its stablecoin-related initiatives and its Layer 1 network Alchemy Chain designed for stablecoin payments.