Alchemy Pay officially confirmed that it has received a Money Transmitter License (MTL) in West Virginia, which became another important step in its rapid expansion in the United States. By February 2026, the fiat-crypto payment gateway has expanded its regulatory presence massively, and existing MTLs exist in at least 14 states in the USA.
This is the most recent success after the recent acquisitions of licenses in Nebraska and Kansas, which indicate the willingness of the company to create an entirely compliant bridge between the traditional money and the digital one.
With these state-level approvals in mind, Alchemy Pay is guaranteeing that its payment services will be safe and available to more and more American users.
Strengthening the Regulatory Foundation in the United States
The West Virginia MTL acquisition belongs to a bigger plan to expand to the entire market in the U.S. with institutional compliance.
Alchemy Pay currently has licensing in a wide range of states such as Arkansas, Arizona, Iowa, Kansas, Minnesota, Nebraska, New Hampshire, New Mexico, Oklahoma, Oregon, South Carolina, South Dakota, and Wyoming. Such licenses are vital since they enable the company to be in a position to deal or transfer money legally on behalf of its clients.
Through a collection of these state licenses, Alchemy Pay is establishing itself as one of the most compliant payment providers in the sector so that traditional banks and companies will easily trust their crypto integration solutions.
Expanding Global Compliance from Hong Kong to Australia
In addition to the success experienced in the United States, Alchemy Pay is actively undertaking an international compliance roadmap to enable international trade.
Recently, the company obtained an SFC Type 4 license upgrade for virtual asset advisory services in Hong Kong in cooperation with HTF Securities. This will enable them to provide expert guidance regarding digital assets in one of the most competitive financial centers in the world.
The company is also a registered Digital Currency Exchange Provider (DCEP) in Australia and is a registered Electronic Financial Business in South Korea. Alchemy Pay is building a frictionless global network by acquiring such regional licenses where fiat currency can be turned into crypto and vice versa in a smooth manner.
The Future of Fiat-Crypto Interoperability
The difference between traditional finance and the crypto world is being bridged, as we expect in 2026 more companies to focus on the legality and compliance aspect.
Alchemy Pay’s focus on licensing issues in areas like West Virginia shows that the company is a long-term investor. They intend to simplify the purchase and sale of crypto like any other payment application.
They have more than 14 state licenses in the United States and a rapidly expanding list of international certifications, which means they are on their way to becoming a universal gateway to the digital economy. To both the users and merchants, it will translate to a greater number of options, reduced charges, and the security that comes with the utilization of a fully regulated financial service.