Alchemy Pay obtains Michigan money transmitter license, expanding to 19 U.S. states.

Alchemy Pay issued a regulatory action on July 31, 2026.

Primary

Alchemy Pay

Date

July 31, 2026

Sub-sector

Crypto / Stablecoin

Demonstrates the compliance infrastructure required for crypto-fiat payment platforms to scale across state lines. Relevant for fintech founders building crypto or stablecoin products considering U.S. expansion—shows the multi-state licensing burden competitors are navigating.

Primary company

Alchemy Pay

Counterparty

Not disclosed

Amount

Not disclosed

Event date

July 31, 2026

Sub-sector

Crypto / Stablecoin

HQ

Not disclosed

Structure

Not disclosed

Source published

Not disclosed

Publisher

PR Newswire

Source: prnewswire.com