Alchemy Pay, the world-leading fiat-crypto payment solution provider, today announced it has secured a Money Transmitter License (MTL) in the state of Kansas. This approval from the Kansas Office of the State Bank Commissioner (OSBC) marks another significant regulatory milestone and highlights the company’s persistent efforts to operate with the highest standards of compliance within the United States.
With the addition of Kansas, Alchemy Pay now holds Money Transmitter Licenses in eleven U.S. states, including Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, Wyoming, Arizona, and South Carolina. This license represents the third MTL secured by Alchemy Pay in the U.S. in 2025, demonstrating an accelerated expansion of its regulatory footprint as the company continues to pursue licenses in multiple other jurisdictions.
The Kansas MTL, regulated by the OSBC, formally grants Alchemy Pay the authority to conduct money transmission services for individuals and businesses within the state, supporting its mission to provide seamless fiat-crypto conversion services across the United States.
This license is secured at a pivotal time for digital asset regulation in the United States, amidst an evolving legislative landscape and the significant rise of the Real World Asset tokenization wave. Securing the Kansas MTL is crucial for Alchemy Pay’s core mission of bridging the gap between fiat and cryptocurrency economies, as it directly facilitates the company’s compliant fiat-to-crypto exchange services, empowering the company to build compliant, accessible pathways for users and institutions.
Critically, this enhanced regulatory posture will empower new business ventures. This includes Alchemy Pay’s newly launched RWA platform, poised to be the world’s first to offer direct fiat-to-RWA access, enabling users to purchase tokenized stocks using traditional fiat payment methods. Furthermore, this progress supports the expansion of Alchemy Pay’s comprehensive payment services and market presence, while laying a compliant foundation for its upcoming proprietary stablecoin and the stablecoin-based Alchemy Chain.
“Securing our Kansas Money Transmitter License reinforces Alchemy Pay’s deep commitment to compliance and transparency in every market we serve,” said Ailona Tsik, CMO at Alchemy Pay, “As the U.S. regulatory environment continues to evolve, this achievement not only strengthens our operational foundation but also enables us to innovate responsibly—from RWA access to stablecoin infrastructure—while maintaining full regulatory alignment.”
Beyond its expanding regulatory presence in the United States, Alchemy Pay has achieved significant compliance milestones across multiple global markets in 2025. These include acquiring a Digital Currency Exchange Providers (DCEP) license in Australia, an Electronic Financial Business registration in Korea, and admission to Switzerland’s Association for Quality Assurance of Financial Services (VQF) as a recognised Self-Regulatory Organisation (SRO). Additionally, through a strategic investment in the Hong Kong-licensed firm HTF Securities Limited, Alchemy Pay has expanded its compliant capabilities in Asia’s key financial hub. These collective achievements demonstrate Alchemy Pay’s ongoing dedication to regulatory excellence and solidify its role as a trusted leader in the global financial technology sector.
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.
