Alchemy Pay, the world-leading fiat-crypto payment solutions provider, today announced that it has secured a Money Transmitter License (MTL) in the State of Maine, further strengthening its regulatory position in the United States and reinforcing its long-term commitment to compliant global payment infrastructure.
This license authorizes Alchemy Pay to engage in regulated money transmission activities involving fiat and virtual currency services within the state, covering services related to receiving money or monetary value for transmission, including cryptocurrency exchange and custodial activities for personal and household purposes. License status can be verified through the Nationwide Multistate Licensing System (NMLS) by searching “Alchemy Pay” on NMLS Consumer Access.
With the addition of Maine, Alchemy Pay now holds Money Transmitter Licenses across 17 U.S. states, including Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, Wyoming, Arizona, South Carolina, Kansas, West Virginia, South Dakota, Nebraska, Delaware, Rhode Island, and Maine. The company continues to expand its regulatory footprint across the United States, with additional applications currently under review in multiple jurisdictions.
The newly secured license represents another important step in Alchemy Pay’s broader compliance strategy as global regulatory frameworks surrounding digital assets continue to mature. Across key financial markets, regulatory clarity for crypto payments, stablecoins, and digital financial infrastructure is steadily improving, creating new opportunities for compliant cross-border value transfer between fiat and blockchain ecosystems. Against this backdrop, the Maine MTL further enhances Alchemy Pay’s ability to facilitate compliant fiat-crypto exchange services, strengthen its payment network capabilities, and expand its market presence in the United States.
Alchemy Pay compliant strategy also supports the Alchemy Chain’s long-term roadmap surrounding compliant stablecoin infrastructure and the development of Alchemy Chain, Alchemy Pay’s next-generation blockchain initiative focused on stablecoin-based global payments. The long-term vision of Alchemy Chain is to build the world’s first globally dual-compliant stablecoin payment network, including Europe’s Markets in Crypto-Assets Regulation (MiCA) and Hong Kong’s emerging stablecoin regulatory regime. Through this framework, Alchemy Pay aims to establish stablecoins as a seamless global settlement layer for enterprises, institutions, merchants, and next-generation financial applications.
Over the past year, Alchemy Pay has continued to achieve significant regulatory and compliance milestones across major global markets. Beyond its expanding U.S. licensing portfolio, the company has secured Digital Currency Exchange Provider (DCEP) registration in Australia, Electronic Financial Business registration in South Korea, and membership in Switzerland’s Association for Quality Assurance of Financial Services (VQF) as a recognised Self-Regulatory Organisation (SRO). Alchemy Pay has also strengthened its regulated presence in Hong Kong through its investment in SFC-licensed firm HTF Securities Limited, supporting access to Hong Kong SFC Type 1, 4, and 9 regulated activities.
These achievements demonstrate Alchemy Pay’s ongoing commitment to regulatory excellence and reinforce its position as a trusted leader in global fiat-crypto payment infrastructure. Looking ahead, Alchemy Pay plans to continue advancing regulatory applications and compliance initiatives across major financial markets, including the United States, Europe, Australia, and Hong Kong, covering frameworks such as Markets in Crypto-Assets Regulation (MiCA) and the Second Payment Services Directive (PSD2), Australian Financial Services Licence (AFSL), and future stablecoin issuer licensing regimes under the Hong Kong Monetary Authority (HKMA).
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.
