Alchemy Pay has announced the acquisition of four additional U.S. Money Transmitter Licenses (MTLs) in Minnesota, Oklahoma, Oregon, and Wyoming. This development marks a significant step for the company in expanding its operations within the United States. However, the broader market outlook remains pessimistic as regulatory pressures continue to mount globally. The acquisition of these licenses highlights the ongoing challenges faced by crypto firms in navigating complex regulatory landscapes. Despite this progress, the industry is likely to face increased scrutiny, potentially stifling innovation and growth in the sector.
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