ALCHEMY PAY EXPANDS US COMPLIANCE WITH FOUR NEW STATE LICENSES

Last updated: June 19, 2025, 23:43 | Written by: Chris Larsen

In a significant stride towards broader accessibility of cryptocurrency payment solutions within the United States, Alchemy Pay, a leading global provider of fiat-crypto payment infrastructure, has announced the acquisition of four new Money Transmitter Licenses (MTLs).This pivotal development underscores Alchemy Pay's commitment to regulatory compliance and marks a substantial expansion of its operational footprint across the US.Securing MTLs in Minnesota, Oklahoma, Oregon, and Wyoming, Alchemy Pay is now empowered to extend its secure and regulated crypto services to residents and businesses within these states, furthering its mission to bridge the gap between traditional finance and the burgeoning world of digital assets.This expansion brings the total number of states where Alchemy Pay holds MTLs to eight, solidifying its position as a key player in the crypto payment landscape. With these 4 new licenses, Alchemy Pay can now expand its secure and regulated crypto services to residents and businesses across these states, enhancing accessibility for users looking toThe move is expected to facilitate smoother and more compliant on-ramp and off-ramp services, allowing users to seamlessly transact between US dollars and popular cryptocurrencies like Bitcoin (BTC).This is a major step forward in making crypto more accessible and user-friendly for a wider audience.

Expanding Crypto Accessibility with New Licenses

The acquisition of these four additional Money Transmitter Licenses is a testament to Alchemy Pay's dedication to operating within the established regulatory framework. Headline News Alchemy Pay Expands U.S. Compliance with Four New Money Transmitter Licenses Alchemy Pay, a world-leading fiat-crypto payment solutions provider, is excited to announce that it has secured 4 additional U.S. Money Transmitter Licenses (MTLs) in Minnesota, Oklahoma, Oregon, and Wyoming. These new licenses bring Alchemy Pay s total to 8 U.S. [ ]These licenses are not merely pieces of paper; they represent a commitment to transparency, security, and consumer protection.By obtaining these licenses, Alchemy Pay demonstrates its understanding of the legal and financial obligations associated with handling digital assets and providing payment services. Alchemy Pay, a platform that provides crypto payment solutions, has expanded its compliance in the United States by obtaining money transmitter licenses (MTLs) in four new states: Minnesota, Oklahoma, Oregon, and Wyoming. Alchemy Pay Expands to Eight States The expansion allows Alchemy Pay to extend its crypto services to businesses and residents in these newly [ ]This move inspires confidence among users, partners, and regulators alike, fostering a more sustainable and trustworthy ecosystem for cryptocurrency transactions. Each license is a milestone to smoother crypto access in the US. With the four additional licenses, Alchemy Pay can expand its crypto services to residents and businesses across the new licensedThe expansion unlocks new opportunities for both individuals and businesses in the newly licensed states to embrace the benefits of crypto without compromising on compliance.

What are Money Transmitter Licenses (MTLs)?

A Money Transmitter License (MTL) is a state-level requirement for businesses that offer money transmission services.These services typically involve receiving money in one form and transmitting it to another, such as currency exchange, money transfers, and certain types of digital asset transactions.Obtaining an MTL requires meeting specific regulatory requirements, including financial solvency, anti-money laundering (AML) compliance, and consumer protection measures. Cryptocurrency payment gateway Alchemy Pay has expanded its compliance in the United States by obtaining new licenses in four states.Alchemy Pay secured money transmitter licenses (MTLs) for Minnesota, Oklahoma, Oregon and Wyoming, the firm told Cointelegraph on Nov. 8.The new licenses bring AlchemThese licenses are crucial for building trust and ensuring the legitimacy of payment service providers.

Enhancing Fiat-Crypto Payment Solutions in the US

With these new licenses in hand, Alchemy Pay is now positioned to offer a wider range of fiat-crypto payment solutions to residents and businesses in Minnesota, Oklahoma, Oregon, and Wyoming.This means individuals can more easily buy and sell cryptocurrencies using traditional fiat currencies, while businesses can integrate crypto payment options into their operations, attracting a new customer base and streamlining their financial processes. With these four additional licenses, Alchemy Pay can now expand its crypto services to residents and businesses in the newly licensed regions. The firm is now able to offer its on-ramp and off-ramp services in the eight licensed states, allowing users to seamlessly transact between the US dollar and cryptocurrencies like Bitcoin (BTC).The company's on-ramp and off-ramp services will play a vital role in facilitating these transactions, enabling users to seamlessly convert between US dollars and various cryptocurrencies.

On-Ramp Services: Allow users to convert fiat currency (e.g., USD) into cryptocurrencies.
Off-Ramp Services: Enable users to convert cryptocurrencies back into fiat currency.

The ability to easily move between fiat and crypto is essential for mainstream adoption. Alchemy Pay Expands U.S. Compliance with Four New Money Transmitter Licenses Novem Alchemy Pay, a world-leading fiat-crypto payment solutions provider, is excited to announce that it has secured 4 additional U.S. Money Transmitter Licenses (MTLs) in Minnesota, Oklahoma, Oregon, and Wyoming.Alchemy Pay's enhanced presence in the US will contribute to a more seamless and user-friendly experience for those looking to participate in the crypto economy.

The Significance of Regulatory Compliance

In the rapidly evolving world of cryptocurrency, regulatory compliance is paramount.As the industry matures, regulators around the globe are implementing frameworks to govern the use of digital assets, aiming to protect consumers, prevent illicit activities, and ensure financial stability.Alchemy Pay's proactive approach to securing Money Transmitter Licenses reflects its understanding of the importance of operating within these regulatory guidelines.By prioritizing compliance, Alchemy Pay not only mitigates risks but also enhances its credibility and reputation within the industry.This commitment fosters trust with users, partners, and regulators, paving the way for long-term growth and sustainability.

Why is compliance important in the crypto space?

Compliance is crucial for several reasons:

Consumer Protection: Regulations help safeguard users from fraud, scams, and other risks associated with cryptocurrency investments and transactions.
Anti-Money Laundering (AML): Compliance measures prevent criminals from using cryptocurrencies for illicit activities such as money laundering and terrorist financing.
Financial Stability: Regulatory frameworks contribute to the stability of the financial system by mitigating risks associated with the volatile nature of cryptocurrencies.
Industry Legitimacy: Compliance enhances the credibility and reputation of the crypto industry, attracting more institutional investment and mainstream adoption.

Benefits for Residents and Businesses in Licensed States

The expansion of Alchemy Pay's services into Minnesota, Oklahoma, Oregon, and Wyoming brings a host of benefits to residents and businesses in these states.Individuals will gain access to a secure and regulated platform for buying, selling, and using cryptocurrencies, empowering them to participate in the digital economy with confidence.Businesses, on the other hand, can leverage Alchemy Pay's payment solutions to attract new customers, streamline their financial operations, and gain a competitive edge in the market.

Specific Benefits for Residents:

Easier Access to Crypto: Simplified on-ramp and off-ramp services make it easier to buy and sell cryptocurrencies.
Secure Transactions: Regulated environment ensures the safety and security of crypto transactions.
Increased Financial Opportunities: Access to crypto investments and payments can open up new financial opportunities.

Specific Benefits for Businesses:

Expanded Customer Base: Accepting crypto payments can attract a new segment of customers.
Reduced Transaction Fees: Crypto transactions can often have lower fees compared to traditional payment methods.
Faster Payment Processing: Crypto transactions can be processed faster than traditional payment methods, especially for international payments.

Alchemy Pay's Growing Footprint in the US Market

The addition of these four new licenses underscores Alchemy Pay's strategic focus on expanding its presence in the US market.With a total of eight states now under its belt, the company is making significant strides towards establishing itself as a leading provider of fiat-crypto payment solutions in the region.This expansion not only strengthens Alchemy Pay's market position but also contributes to the overall growth and maturity of the US crypto ecosystem.The company's commitment to compliance and innovation is likely to attract more partnerships and opportunities in the future, further solidifying its role as a key player in the industry.

Alchemy Pay now holds licenses in these states:

Minnesota
Oklahoma
Oregon
Wyoming
[And four undisclosed additional states]

Addressing Common Questions about Crypto Payments

As the adoption of cryptocurrency payments continues to grow, many individuals and businesses have questions about the process.Here are some common questions and their answers:

What cryptocurrencies does Alchemy Pay support?

Alchemy Pay supports a wide range of cryptocurrencies, including Bitcoin (BTC), Ethereum (ETH), and other popular digital assets.The specific cryptocurrencies supported may vary depending on the region and the merchant's requirements.Check with Alchemy Pay directly or consult their documentation for the most up-to-date list.

How secure are crypto payments?

Cryptocurrency transactions are generally considered to be very secure due to the use of cryptography and blockchain technology.However, it's important to use reputable payment platforms like Alchemy Pay and to follow best practices for securing your digital assets, such as using strong passwords and enabling two-factor authentication.

What are the fees associated with crypto payments?

The fees associated with crypto payments can vary depending on the cryptocurrency used, the payment platform, and the transaction volume.However, crypto transaction fees are often lower than those associated with traditional payment methods, such as credit cards.Alchemy Pay offers competitive pricing and transparent fee structures.

How can businesses integrate crypto payments into their systems?

Alchemy Pay provides a range of integration options for businesses looking to accept crypto payments, including APIs, SDKs, and plugins for popular e-commerce platforms.These tools make it easy for businesses to integrate crypto payments into their existing systems and processes.

The Future of Crypto Payments and Alchemy Pay's Role

The future of crypto payments looks bright, with increasing adoption by both consumers and businesses.As the technology matures and regulatory frameworks become clearer, we can expect to see even wider integration of crypto payments into the mainstream economy.Alchemy Pay is well-positioned to play a key role in this evolution, providing the infrastructure and solutions needed to facilitate seamless and secure fiat-crypto transactions.The company's commitment to compliance, innovation, and user experience will be crucial in driving the adoption of crypto payments and unlocking the full potential of digital assets.

The expansion into new US states marks a significant milestone for Alchemy Pay and for the broader crypto industry.By making crypto more accessible and compliant, Alchemy Pay is helping to pave the way for a future where digital assets are seamlessly integrated into our everyday lives.This is a future where businesses can easily accept crypto payments, consumers can use crypto for everyday transactions, and the benefits of decentralized finance are available to everyone.

Conclusion: Key Takeaways on Alchemy Pay's Expansion

Alchemy Pay's acquisition of four new Money Transmitter Licenses in Minnesota, Oklahoma, Oregon, and Wyoming represents a significant advancement in its mission to bridge the gap between fiat and crypto.This expansion not only enhances the accessibility of crypto services in these states but also underscores Alchemy Pay's commitment to regulatory compliance and consumer protection.By obtaining these licenses, Alchemy Pay solidifies its position as a leading provider of fiat-crypto payment solutions in the US, paving the way for greater adoption of digital assets and a more seamless integration of crypto into the mainstream economy. Alchemy Pay Expands US Compliance, ensuring safer, more accessible crypto payments.This news should be viewed as a positive step forward for both the company and the wider crypto community.The key takeaways include:

Increased Accessibility: More residents and businesses in the US can now easily access and utilize crypto services.
Enhanced Compliance: Alchemy Pay demonstrates a strong commitment to regulatory compliance, building trust and credibility.
Growth and Innovation: This expansion positions Alchemy Pay for further growth and innovation in the rapidly evolving crypto payment landscape.
Seamless Transactions: Users can now seamlessly transact between US dollars and cryptocurrencies, facilitating broader adoption.

If you are a resident or business in Minnesota, Oklahoma, Oregon, or Wyoming, explore Alchemy Pay's services to experience the benefits of secure and compliant crypto transactions.Contact Alchemy Pay today to learn more about how they can help you navigate the world of digital assets.