Alchemy Pay said on November 5 that Mississippi had granted it a money transmitter licence for applicable activities, bringing its reported total of state authorizations to 20. The licence is not a federal cryptocurrency banking charter or blanket approval for all its services. It also does not approve the company’s separate Alchemy Chain project.
Alchemy Pay said applications in other states remain under review. Authorization in Mississippi does not establish authorization elsewhere, and access to a particular service may depend on which company handles the transaction or on third-party providers.
