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<p>Alchemy Pay has secured a Money Transmitter License in South Carolina, marking its 10th in the U.S., facilitating expanded fiat-crypto services within the region.</p>  
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<p>The new license enhances regulatory compliance and could attract institutional partnerships, impacting assets like ETH and BTC. Immediate market reactions have not been documented.</p> 
<h2 id="alchemy-pay-gains-10th-u-s-license-in-south-carolina">Alchemy Pay Gains 10th U.S. License in South Carolina</h2>
<p><a href="https://www.crowdfundinsider.com/2025/09/245379-alchemy-pay-granted-south-carolina-money-transmitter-license/" rel="noopener noreferrer nofollow"><strong>Alchemy Pay</strong></a> has been granted a <strong>South Carolina Money Transmitter License</strong>, marking its 10th in the U.S. The approval, issued under the <strong>South Carolina Anti-Money Laundering Act</strong>, enables expansion into regulated payment services in the southeastern U.S.</p>
<p><strong>Alchemy Pay’s</strong> leadership, including CEO <strong>John Tan</strong>, has been instrumental in obtaining the license, which supports fiat-crypto integration. The license allows for <strong>electronic money transmission</strong> and other services, broadening Alchemy Pay's U.S. operational scope.</p>
<h2 id="license-boosts-institutional-partnership-potential">License Boosts Institutional Partnership Potential</h2>
<p>The new license suggests increased trust and potential for institutional partnerships. Although financial support specifics remain undisclosed, expanding regulatory clarity could enhance Alchemy Pay's U.S. market presence.</p>
<p>The license may impact <strong>ETH</strong> and <strong>BTC</strong> transaction volumes in South Carolina. Alchemy Pay's services, supporting multiple cryptocurrencies, might benefit from increased transactional throughput as regulatory frameworks become clearer.</p>
<h2 id="past-licenses-show-u-s-expansion-strategy">Past Licenses Show U.S. Expansion Strategy</h2>
<p>Similar licenses in states like <strong>Arkansas</strong> and <strong>Arizona</strong> have facilitated Alchemy Pay's growth across the U.S. These precedents suggest a pattern of expansion and reinforced infrastructure in the fiat-crypto payment sector.</p>
<p><strong>Experts from Kanalcoin</strong> point to potential growth in the fiat-crypto market due to such licensing. Regulatory advancements enhance service credibility, fostering trust and broadening user adoption, particularly in underserved regions.</p>
<blockquote>
 "Alchemy Pay … announced that it has been granted a Money Transmitter License (MTL) in the state of South Carolina, marking a significant addition to its growing portfolio of regulatory approvals in the United States." - <a href="https://www.prnewswire.com/news-releases/alchemy-pay-accelerates-regulatory-expansion-in-the-us-with-south-carolina-mtl-license-approval-302503256.html" rel="noopener noreferrer nofollow">PR Newswire</a>
</blockquote> 
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    <td><em><strong>Disclaimer</strong>: This <a href="https://www.kanalcoin.com/" target="_blank" rel="noopener noreferrer nofollow"><strong>website</strong></a> provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.</em></td>
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</figure>  <a href="https://www.kanalcoin.com/alchemy-pay-south-carolina-license/" rel="noopener noreferrer nofollow">Read original article on kanalcoin.com</a>

Alchemy Pay Secures South Carolina Money Transmitter License

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