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Metal L2 is a blockchain solution that provides fast, scalable, and compliant transactions, serving as the connective layer for seamless asset transfers and dApp operations.
Gate Money connects banks and payment networks, with compliant arrangements across multiple jurisdictions supporting service delivery
Odaily reports: Gate Money connects account payments, asset exchange, and everyday spending, with its services underpinned by collaboration among international banks, payment institutions, custody providers, and clearing institutions. Eligible users can use bank accounts in their own name to manage fiat funds by currency, process deposits and withdrawals, and send and receive digital assets through supported blockchain networks. The availability of each feature depends on local regulatory requirements, the service capabilities of partner institutions, and user eligibility.On the compliance front, Gate has obtained a MiCA license and a Payment Institution (PI) license in the EU, its Dubai entity has obtained a VARA license, and its Australian entity has completed AUSTRAC registration as a digital currency exchange provider, with these qualifications applying to the respective entities and approved business activities. Gate US holds 37 state-level Money Transmitter Licenses (MTLs), covering 47 U.S. states and territories. On asset transparency, Gate's latest proof of reserves shows that the platform's total reserve size has risen to USD 8.688 billion, with an overall reserve coverage ratio of 118.49%; BTC reserves reached 25,727, with a reserve ratio of 121.60%; ETH reserves stood at 449,042, with a reserve ratio of 123.78%. Collaboration with financial institutions, compliance qualifications, and verifiable reserves together form the foundation of Gate Money's services, supporting the platform in meeting fund payment and asset management needs beyond trading. (Cointelegraph)
Alchemy Pay Secures Michigan Money Transmitter License, U.S. Licensed States Increase to 19
According to PR Newswire, Alchemy Pay announced that it has obtained the Money Transmitter License (MTL) in Michigan, United States, increasing the number of states where it holds relevant licenses in the U.S. to 19. This approval further expands its compliant payment network in the United States and enhances its ability to conduct two-way exchanges between fiat currency and crypto assets, payment processing, and related services.
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Gate Money connects banks and payment networks, with compliant arrangements across multiple jurisdictions supporting service delivery
Odaily reports: Gate Money connects account payments, asset exchange, and everyday spending, with its services underpinned by collaboration among international banks, payment institutions, custody providers, and clearing institutions. Eligible users can use bank accounts in their own name to manage fiat funds by currency, process deposits and withdrawals, and send and receive digital assets through supported blockchain networks. The availability of each feature depends on local regulatory requirements, the service capabilities of partner institutions, and user eligibility.On the compliance front, Gate has obtained a MiCA license and a Payment Institution (PI) license in the EU, its Dubai entity has obtained a VARA license, and its Australian entity has completed AUSTRAC registration as a digital currency exchange provider, with these qualifications applying to the respective entities and approved business activities. Gate US holds 37 state-level Money Transmitter Licenses (MTLs), covering 47 U.S. states and territories. On asset transparency, Gate's latest proof of reserves shows that the platform's total reserve size has risen to USD 8.688 billion, with an overall reserve coverage ratio of 118.49%; BTC reserves reached 25,727, with a reserve ratio of 121.60%; ETH reserves stood at 449,042, with a reserve ratio of 123.78%. Collaboration with financial institutions, compliance qualifications, and verifiable reserves together form the foundation of Gate Money's services, supporting the platform in meeting fund payment and asset management needs beyond trading. (Cointelegraph)
Alchemy Pay Secures Michigan Money Transmitter License, U.S. Licensed States Increase to 19
According to PR Newswire, Alchemy Pay announced that it has obtained the Money Transmitter License (MTL) in Michigan, United States, increasing the number of states where it holds relevant licenses in the U.S. to 19. This approval further expands its compliant payment network in the United States and enhances its ability to conduct two-way exchanges between fiat currency and crypto assets, payment processing, and related services.