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Regulation

Alchemy Pay Reports Mississippi License Brings US Coverage to 20 States

(3 hours ago) · 1 source · Summarized by CryptoBipto

Alchemy Pay has announced that it obtained a money transmission license in Mississippi, which the company says brings its total US state-level coverage to 20 states. The license allows the company to operate money transmission services in the state.

WHY IT MATTERS

In the US, companies that move money or handle payments need special permission called a money transmission license from each state they operate in.

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SOURCES

  • newsbtc.com

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Money Transmission LicensesUS RegulationCrypto PaymentsCompliance