Alchemy Pay has obtained a remittance license in Arkansas, USA

ChainCatcher news, cryptocurrency payment gateway Alchemy Pay has announced that it has obtained a Money Transmitter License in the state of Arkansas, USA, to expand its global business.

The license, granted by the Arkansas Securities Department, allows Alchemy Pay to officially operate services such as selling or issuing payment instruments, storing value, prepaid access, and receiving transfers of currency, virtual currency, or monetary value.

Previously, cryptocurrency companies that obtained this license in the state include Coinbase, Block, MoonPay, bitFlyer, and others.