Alchemy Pay Expands U.S. Regulatory Footprint with Four New State Licenses
Alchemy Pay secured money transmitter licenses in Kansas, West Virginia, South Dakota, and Nebraska, bringing its total to fourteen states. These approvals enable compliant fiat-to-crypto and crypto-to-fiat transactions, reinforcing its position as a bridge between traditional finance and digital assets.
The licenses signal growing regulatory acceptance for crypto payment infrastructure. Alchemy Pay’s expansion coincides with increased institutional demand for compliant on-ramps—particularly for stablecoins and cross-border settlements.
Market observers note the timing aligns with a broader push for clarity in U.S. crypto regulation. The company now covers key jurisdictions, positioning itself to capitalize on evolving payment rails.