Alchemy Pay Secures Mississippi Money Transmitter License, Expanding U.S. Regulatory Coverage to 20 States

HONG KONG, Nov. 5, 2026 /PRNewswire/ -- Alchemy Pay, a world-leading fiat-crypto payment solution provider, has secured a Money Transmitter License (MTL) in Mississippi, granted by the Mississippi Department of Banking and Consumer Finance. With this addition, Alchemy Pay now holds money transmitter licenses in 20 U.S. states, marking another milestone in the company's ongoing efforts to strengthen its regulatory foundation and expand its compliant payment network across the United States.

The Mississippi MTL establishes an additional regulatory authorization for Alchemy Pay's applicable money transmission activities in the state, supporting its efforts to connect traditional financial systems with the digital asset economy. Alchemy Pay continues to pursue additional state licenses, with applications under review in multiple jurisdictions. License information can be verified through NMLS Consumer Access by searching for "Alchemy Pay."

The expanded U.S. regulatory footprint supports Alchemy Pay's broader strategy to facilitate fiat-to-crypto and crypto-to-fiat transactions, expand access to its payment services, and strengthen its presence in key markets. It also pushes forward the company's ongoing development of its stablecoin initiatives and Alchemy Chain, a stablecoin-focused Layer 1 blockchain designed to support global stablecoin payments and financial applications. The network aims to advance a compliant infrastructure for stablecoin-based payments across global markets, while any future stablecoin issuance remains subject to applicable regulatory requirements.

Beyond the United States, Alchemy Pay has continued to advance its regulatory presence across key financial markets. Its milestones include Digital Currency Exchange Provider (DCEP) registration in Australia, Electronic Financial Business registration in South Korea, and admission to Switzerland's VQF as a recognized self-regulatory organization (SRO). In Hong Kong, Alchemy Pay has also advanced its regulatory capabilities through its investment in HTF Securities Limited, an SFC-regulated firm, supporting the development of virtual asset-related services within the applicable licensing framework.

These achievements reflect Alchemy Pay's continued commitment to building a robust compliance framework across jurisdictions. As regulatory clarity develops across the global digital asset industry, the company will continue to strengthen its licensing portfolio and payment infrastructure to support the responsible growth of fiat-crypto services and stablecoin-based financial applications.

About Alchemy Pay

Founded in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its offerings including On & Off-Ramp, Web3 Digital Bank, NFT Checkout and its newly launched RWA platform, Alchemy Pay supports fiat payments in 173 countries.

The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The RWA platform allows global users to invest in tokenized real-world assets using local fiat currencies, lowering entry barriers and democratizing access to traditional financial instruments. Our Web3 Digital Bank supports Web3 enterprises by providing multi-fiat accounts and instant fiat-crypto conversion capabilities. Additionally, the NFT Checkout enables direct purchases of NFTs using fiat payment methods. ACH is the Alchemy Pay network token on the Ethereum blockchain.

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SOURCE Alchemy Pay