Express

Alchemy Pay Acquires Money Services License in Iowa

Katie Lin

Summary: Crypto-fiat payment services provider Alchemy Pay has acquired a money services license in Iowa, according to reports by Cointelegraph. The acquisition of a license is in compliance with local state laws that require any person or entity engaged in currency exchange or the money transmission business to acquire the license. Earlier in September this year, the ...

Crypto-fiat payment services provider Alchemy Pay has acquired a money services license in Iowa, according to reports by Cointelegraph. The acquisition of a license is in compliance with local state laws that require any person or entity engaged in currency exchange or the money transmission business to acquire the license.

Earlier in September this year, the company secured a money transmitter license (MTL) in Arkansas. The company said it has submitted applications for MTL licenses in additional states and is awaiting responses in the upcoming months.

Author: Katie Lin

Last Update:

Tags: ,
Link: Alchemy Pay Acquires Money Services License in Iowa   [Copy]
Next:

Related Articles

  • Will Introduction of the Stablecoin Act Trigger a Financial Tsunami? 23 hours ago
  • Trump Just Opened the Floodgates: What Happens When $9 Trillion in Retirement Money Hit... 4 days ago
  • US Crypto Stash Shock: Marshals' Low BTC Count Fuels 'Secret Sale' Debate, Ignites Buyb... 5 days ago
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 7 days ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 8 days ago

    • You need to login to comment.