Alchemy Pay obtains a money services license in Iowa, USA

ChainCatcher news, cryptocurrency payment service provider Alchemy Pay announced further expansion into the U.S. market and has obtained a money service license in Iowa. According to local state regulations, any entity or individual engaged in currency exchange or remittance business in Iowa must hold such a license. According to its announcement, Alchemy Pay is also working on license applications in the UK and Hong Kong.

As early as September this year, Alchemy Pay obtained a Money Transfer License (MTL) in Arkansas.