Alchemy Pay to Obtain Money Transmission License in New Mexico

Alchemy Pay has expanded its crypto payment business reach in the United States by securing a Money Transmission License (MTL) in New Mexico. This license complements previous MTLs obtained in Arkansas, Iowa, and New Hampshire. With this new approval, Alchemy Pay enhances its regulatory compliance, ensuring secure and reliable transactions. The company is actively pursuing more MTLs across other U.S. states and internationally, aiming for a total of 20 new licenses in key regions, to support its expansion and new services in the Web3 space.