Across the U.S., Alchemy Pay's Regulatory Footprint Grows with Kansas License

Another major milestone for Alchemy Pay. The fiat-crypto payment platform has received a Money Transmitter License from the Kansas Office of the State Bank Commissioner, enabling its legal operation in that region. This approval is not just a simple document—it is concrete proof that the industry is gradually gaining recognition from regulators in the U.S.

Currently, Alchemy Pay holds licenses in eleven states: Arkansas, Iowa, Minnesota, New Hampshire, New Mexico, Oklahoma, Oregon, Wyoming, Arizona, South Carolina, and now Kansas. This is the third state license the company has obtained in 2025, demonstrating an aggressive compliance strategy designed for rapid domestic expansion.

The Broader Regulatory Strategy

It’s not just about Kansas. Alchemy Pay’s momentum has reached worldwide. The company has received a Digital Currency Exchange Providers (DCEP) license in Australia, obtained Electronic Financial Business registration in South Korea, and is recognized as a Self-Regulatory Organisation by Switzerland’s Association for Quality Assurance of Financial Services (VQF). In Asia-Pacific, it has also invested in Hong Kong-licensed HTF Securities Limited to strengthen its financial presence.

The pattern is clear: acquire regulatory credentials, use them to expand services. For Alchemy Pay, founded in 2017, this is strategic positioning as a bridge between traditional fiat and digital assets.

What the License Brings

The Kansas approval supports the company’s core business: fiat-to-crypto conversion with regulatory blessing. But beyond that, it unlocks new products and services focused on mass adoption.

Alchemy Pay now offers on- and off-ramp services, a Web3 Digital Bank with multi-fiat accounts and instant conversion capabilities, and an NFT Checkout tool for regular payment methods. The latest addition is the RWA (Real-World Asset) platform, which allows users to directly purchase tokenized stocks using fiat currency.

Also in the pipeline are a proprietary stablecoin and the Alchemy Chain backed by the stablecoin. Its network token, ACH, operates on Ethereum and supports fiat payments in over 173 countries.

Timing Is Crucial

All of this is happening at a time when the U.S. regulatory environment for digital assets continues to evolve. Interest in tokenization of real-world assets is exponentially growing. For platforms like Alchemy Pay, each state license is not just a compliance win—it’s an opportunity to experiment responsibly with regulatory backing.

“Our Kansas Money Transmitter License affirms our commitment to transparency and compliance in every market,” said Ailona Tsik, CMO of Alchemy Pay. The strategy is simple but effective: stay ahead of regulation while innovating on products.

The lingering question is whether regulatory frameworks and traditional financial institutions can keep pace with the speed of innovation companies like this are driving. But based on Alchemy Pay’s recent momentum, it is ready to navigate regulatory pathways while continuing to expand.