Alchemy Pay Scores Big in Arizona: 9th US State License Secured as ACH Soars 47%

From Singapore to the Southwest: Alchemy Pay's Regulatory Blitz

Hold onto your hats, crypto fans! Alchemy Pay, the Singapore-based powerhouse behind the fiat-crypto payment gateway, just nabbed a Money Transmitter License in Arizona. That's right, they're now legally green-lit to handle secure transactions between fiat and crypto in the Grand Canyon State. With this latest win, Alchemy Pay's now rocking MTLs in nine US states, including Arkansas, Iowa, and Wyoming. And guess what? They're not stopping there—they're gunning for more licenses across the US!

Global Domination: Alchemy Pay's Worldwide Regulatory Push

But wait, there's more! Alchemy Pay isn't just conquering the US; they're taking on the world. They've already got licenses in the UK, South Korea, Canada, and the latest addition to their trophy case, Australia. This global regulatory footprint is no joke, folks!

On-Ramp Overdrive: Key Partnerships Fueling Alchemy Pay's Growth

While they're busy collecting licenses like they're going out of style, Alchemy Pay's also beefing up its on-ramp infrastructure. Just this January, they teamed up with Mantle Network and HashKey Chain to give a boost to those networks' native tokens. And get this—Ethena recently jumped on the Alchemy Pay bandwagon too, letting users in over 173 countries buy USDe and ENA with more than 50 fiat currencies using everyday payment methods. Talk about making crypto accessible!

ACH on Fire: 47% Surge and Key Resistance in Sight

With all this action, it's no surprise that Alchemy Pay's token, ACH, is on a tear. It's rocketed up 47% in the last week, now trading around $0.027. And check this out—it just smashed through the 20-day Exponential Moving Average at $0.02323 and is now eyeballing a crucial resistance zone between $0.0275 and $0.0288. That's a level that used to be support back in mid-February, and now it's the make-or-break spot to watch. Especially with the upcoming launch of Alchemy Pay's Alchemy Chain—a Solana VM-based layer-1 blockchain first announced last October. Buckle up, because things are about to get wild!