KEY TAKEAWAYS
- Alchemy Pay secures a Money Transmitter License in Nebraska, enhancing its regulatory compliance in the U.S.
- The license allows Alchemy Pay to conduct regulated money transmission activities, including fiat and digital asset exchanges.
- Alchemy Pay now holds Money Transmitter Licenses in 14 U.S. states, marking significant progress in its compliance strategy.
- Globally, Alchemy Pay achieves regulatory milestones, supporting its business expansion and development of new financial solutions.
Alchemy Pay, a leading provider of fiat-crypto payment solutions, has announced that it has successfully obtained a Money Transmitter License (MTL) in the State of Nebraska. This development marks a significant step in the company’s ongoing efforts to expand its regulatory compliance across the United States. The announcement was made here.
The Nebraska MTL allows Alchemy Pay to legally conduct regulated money transmission activities within the state. This includes the exchange and transfer of both fiat currencies and digital assets. By securing this license, Alchemy Pay enhances its ability to offer compliant fiat-to-crypto and crypto-to-fiat payment services, thereby reinforcing trust among its users, partners, and institutions.
Expansion of Regulatory Compliance in the U.S.
With the addition of Nebraska, Alchemy Pay now holds Money Transmitter Licenses in 14 U.S. states. These include Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, Wyoming, Arizona, South Carolina, Kansas, West Virginia, South Dakota, and Nebraska. This achievement represents the sixth MTL secured by Alchemy Pay in the United States since 2025, highlighting the company’s steady progress in its U.S. compliance strategy. Additional license applications are currently under review in multiple jurisdictions.
Global Regulatory Milestones and Future Plans
Beyond its U.S. expansion, Alchemy Pay has achieved significant regulatory milestones globally. These include obtaining Digital Currency Exchange Provider registration in Australia, Electronic Financial Business registration in Korea, and admission to Switzerland’s Association for Quality Assurance of Financial Services as a recognized Self-Regulatory Organisation. Additionally, Alchemy Pay has a shared holding of a Hong Kong SFC Type 1, 4, and 9 license through strategic investment in HTF Securities Limited.
These regulatory efforts support the expansion of Alchemy Pay’s business offerings, including its Real-World Asset (RWA) platform. This platform is the world’s first fiat-to-RWA access solution, allowing users to purchase tokenized stocks using fiat currencies. Furthermore, Alchemy Pay is developing its own stablecoin and a stablecoin-focused Layer 1 blockchain, Alchemy Chain, with a testnet launch anticipated soon.
Why This Matters: Impact, Industry Trends & Expert Insights
Alchemy Pay’s acquisition of a Money Transmitter License in Nebraska marks a significant expansion of its regulatory compliance footprint in the U.S., enabling it to legally conduct fiat and crypto transactions in the state.
Recent industry reports indicate a dominant trend towards the mainstream adoption of stablecoins as a bridge between fiat currencies and crypto ecosystems, driven by regulatory clarity. This aligns with Alchemy Pay’s strategy to enhance its fiat-to-crypto services in Nebraska and other states by securing necessary licenses, thereby bolstering user trust and operational credibility.
As per insights from industry analysts, Alchemy Pay’s regulatory expansion is seen as a strategic competitive advantage that facilitates seamless fiat-crypto transactions across a fragmented regulatory landscape. This supports the company’s efforts to establish a durable competitive advantage in the U.S. market, reinforcing its role in bridging traditional finance and digital assets.
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