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Alchemy bags money services license in Iowa, expands US services

The Singaporean crypto-fiat payment gateway, Alchemy Pay, announced a further expansion into the United States market on Nov. 23 with the acquisition of its money services license in the state of Iowa. According to local state regulations, any entity or individual engaged in currency exchange or money transmission business in Iowa

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Surprise twist as BlockFi receives Money Services License in Iowa

Just two weeks after being fined by Iowa’s regulators for offering and selling unregistered securities, crypto lending platform BlockFi announced on June 28 thait has received a Money Services License in the state.The Iowan license will allow the crypto lender to receive money and sell payment instruments in the state.

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