A leading fiat-crypto payment gateway, Alchemy Pay, has successfully secured a Money Services License in Iowa, U.S., building on its earlier achievement in Arkansas in September.
The Iowa license, issued by the Division of Banking, is now officially registered in the Nationwide Multistate Licensing System (NMLS), marking a significant milestone in Alchemy Pay’s global expansion and placing it among industry leaders such as Coinbase and MoonPay.
Strategically advancing its global presence, Alchemy Pay secures Money Transmitter Licenses to ensure secure payment services in both the U.S. and international markets. Further successes in obtaining licenses in Indonesia, Lithuania, and Canada contribute to the company’s robust global reach.
Additionally, recognized by Visa and Mastercard as an authorized third-party service provider, Alchemy Pay actively advances license applications in the UK and Hong Kong, solidifying its prominent position in the crypto payment sector.
The comprehensive approach to licensing and strategic partnerships underscores Alchemy Pay’s commitment to providing secure and compliant financial services on a global scale.