Hassan Maishera
The Alchemy Pay team announced via a blog post on Tuesday that it has obtained another Money Transmitter License (MTL) in the USA, the state of New Hampshire, adding to its existing licenses in Arkansas and Iowa.
The team said they are actively pursuing MTL licenses in additional U.S. jurisdictions as part of its efforts to expand its crypto payment services, showcasing its expertise in crypto payment operations and commitment to broadening its presence across the USA.
Upon receiving this license, Alchemy Pay is authorized to conduct activities such as selling or issuing payment instruments, storing value, and transmitting currency to other locations in accordance with regulatory guidelines in New Hampshire.
Alchemy Pay is a payment system focused on retail transactions at the point of sale and peer-to-peer remittance. Users can make payments in fiat, stablecoins and other cryptocurrencies on traditional payment systems.
Alchemy Pay’s ACH token is down by 7% in the last 24 hours and currently trades at $0.02601.
