Alchemy Pay Expands its Crypto-Fiat Empire in the U.S. with Money Services License

Alchemy Pay Reveals Expansion Plans in the U.S., Secures Iowa License

Alchemy Pay announces expansion into the US and obtaining licenses in Iowa.

Well, well, well, what do we have here? Alchemy Pay, the Singapore-based crypto-fiat payment solution, is back in the news, and this time it’s all about their expansion into the United States. Hold onto your hats, folks, because this is one wild ride.

In a move that makes Lady Liberty herself sing with joy, Alchemy Pay has acquired a Money Services License in Iowa. That’s right, they’ve managed to get their hands on another one of those elusive licenses in the land of cornfields and Bruce Willis’ hometown. Talk about dedication to compliance!

Now, who are these magicians behind Alchemy Pay? Founded in 2017 by John Tan, Molly Zheng, and Shawn Shi, this crew has been making waves in the world of digital assets. With operations spanning over 173 countries (yes, you read that right), they’re ready to conquer Iowa like a grandma at a baking contest. But Iowa is just the beginning, my friend.

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The acquisition of this license follows Alchemy Pay’s recent triumph in Arkansas, where they nabbed a money transmitter license. Oh, the taste of victory must be sweet. The team at Alchemy Pay is on a roll, securing compliant licenses left and right. They’re like the LeBron James of the digital payment world, dribbling through the competition and raining down licenses like three-point shots.

In case you haven’t noticed, Alchemy Pay is playing in the big leagues now. They’re joining the ranks of Coinbase, Elon Musk’s X, and even MoonPay. It’s like being invited to a celebrity poker game with the likes of Will Smith, Beyoncé, and your favorite talking hamster from that old ’90s movie.

And let’s not forget about Alchemy Pay’s rapid expansion frenzy. They’ve been making moves left and right, like that old guy at the salsa club who just can’t stop shaking his hips. They secured a license from the Central Bank of Indonesia earlier this year, and now they’re conquering Iowa. It’s like watching a chess grandmaster maneuver through the board with precision and style.

Alchemy Pay’s global partnerships are as impressive as that one time your cousin rode a unicycle while juggling fire. They support payment mechanisms like Visa, Mastercard, Google Pay, and Apple Pay. It’s like having a wallet that can magically transform into whatever you need, like a Swiss Army knife but for payments.

And let’s not forget about their connections in the crypto world. Alchemy Pay has partnered up with big names like Shopify, PriceRite, and Aldo. It’s like being friends with the cool kids in high school who always got invited to the best parties. They’ve got on and off-ramps associated with them that are hotter than a habanero pepper, including Arbitrum, Token Pocket, and Bitget Wallet.

But wait, there’s more! Alchemy Pay is a member of the Blockchain Infrastructure Alliance and the Singapore Blockchain Association. They’re like the popular kids in the blockchain world, always in the know and surrounded by fans. And guess what? They have big plans to continue their U.S. expansion and even have licensing applications pending in multiple states across the country. Watch out, America, because Alchemy Pay is coming for you.

So, to all you digital asset investors out there, take note of Alchemy Pay’s wild ride. They’re expanding their empire, one license at a time. Get ready for a payment solution that’ll make your head spin like a rollercoaster on steroids. Keep your eyes peeled, your wallets ready, and let’s ride this crypto-fiat train together!

Psst, readers, what do you think about Alchemy Pay’s expansion plans? Are they the future of crypto-fiat payments or just another player in the game? Let us know in the comments below!

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