Alchemy Pay Obtains Mississippi Money Transmitter License, Increasing Total Licensed States to 20
According to an official announcement from Alchemy Pay, the company has obtained a Money Transmitter License (MTL) issued by the Mississippi Department of Banking and Consumer Finance. The number of U.S. states where it holds a Money Transmitter License has now increased to 20, with applications in several additional states still under review. This new license will further expand its compliant payment network in the United States, support fiat and cryptocurrency exchange services, and advance its stablecoin business as well as the development of Alchemy Chain, a Layer 1 blockchain focused on stablecoin payments.
