Alchemy Pay has obtained a money transmitter licence from the Mississippi Department of Banking and Consumer Finance for the applicable activities. The authorization brings the number of US states where the company holds such approvals to 20, while other state applications remain under review. It covers only the specified activities and is neither a federal cryptocurrency banking charter nor blanket approval for every service offered by Alchemy Pay. The expansion illustrates the relevance of federal anti-money laundering and sanctions obligations, but it does not guarantee that products are insured or risk-free. Customers and business partners should verify the exact status of authorizations through official state records and the Nationwide Multistate Licensing System.
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