Alchemy Pay has announced securing a money-transmitter license in the 14th state of America, reflecting strongly on its commitment to regulatory expansion. Its token, ACH, has reacted to this development with an upswing. This comes at a time when the crypto market, on a macro level, is experiencing significant declines.
Alchemy Pay in Nebraska
According to a recent announcement by Alchemy Pay, it has secured a money transmitter license in Nebraska. This marks the 14th state in the US and reflects its long-term commitment to operating within the regulatory framework of a region. Acquiring the license marks a step forward in the direction of facilitating payment services in Nebraska. This includes fiat-to-crypto and crypto-to-fiat.
A few more states, among many others, where Alchemy Pay holds the money transmitter license are Arizona, Iowa, Arkansas, West Virginia, and Oklahoma. Notably, Nebraska is the 6th state since 2025, with many more being reviewed in different jurisdictions.
Alchemy Pay has also received regulatory recognition by Digital Currency Exchange Provider (Australia), Electronic Financial Business registration (Korea), and Association for Quality Assurance of Financial Services (Switzerland).
ACH Price Reacts
The ACH price has reacted positively to this development. It is up by 1.7% over the last 24 hours, now trading at $0.01200. It further reflects a surge of 8.55% in the last 7 days and 54.6% in the last 30 days. The 24-hour trading volume has jumped by 14.55%.
Upticks in ACH price come when the global crypto market is experiencing significant downtrends. Market cap has slipped by 2.47% to $3.01 trillion. BTC and ETH are down by 2.28% and 4.56% over the last 24 hours, respectively.
Alchemy Pay and JOC
Alchemy has acquired the MTL in Nebraska, a day after announcing its partnership with Japan Open Chain, or JOC. The objective is to enable a global fiat on-ramp for JOC coin by granting seamless access to users worldwide. Users across 173 countries, with this, can directly purchase JOC through fiat payments. This includes Mastercard, Visa, and Apple Pay, among other methods.
Moving forward, the community expects Alchemy Pay to expand its presence in more American states and in different global regions. For the ACH price, it is anticipated that the token would surge by 19.54% in the next 3 months, to reach around $0.01455.
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