Hassan Maishera
On Wednesday, the Alchemy Pay team announced via a blog post that it has secured a Money Transmitter License in the state of West Virginia.
This approval from the West Virginia Division of Banking (WVDOB) marks another significant milestone in the company's accelerated expansion across the United States.
This latest license brings Alchemy Pay's total U.S. jurisdictions to twelve, representing the fourth Money Transmitter License (MTL) the company has obtained in 2025 alone.
With the addition of West Virginia, Alchemy Pay now holds Money Transmitter Licenses in twelve U.S. states, including Arkansas, Iowa, Minnesota, New Hampshire, Kansas, New Mexico, Oklahoma, Oregon, Wyoming, Arizona, and South Carolina.
Alchemy Pay is a payment system focused on retail transactions at the point of sale and peer-to-peer remittance. Users can make payments using fiat, stablecoins, and other cryptocurrencies on traditional payment systems. Alchemy Pay’s ACH token is up 4.5% in the last 24 hours and trades at $0.009484.
