Alchemy Pay said on June 10, 2026, that it secured a Money Transmitter License in Maine, expanding its regulated U.S. footprint. The company said the license authorizes regulated money transmission activity involving fiat and virtual currency services within the state. The approval affects Alchemy Pay's ability to support compliant fiat-crypto exchange services in Maine.
Alchemy Pay expanded its fiat on-ramp service in Malaysia with the integration of three new local payment channels: GrabPay, Touch ‘n Go eWallet, and Boost. This update allows users to purchase cryptocurrencies with Malaysian ringgit (MYR) through some of the most widely used digital wallets in the country, expanding the company's localized payment infrastructure across Southeast Asia.
Alchemy Pay was admitted to the Mastercard Crypto Partner Program, a global initiative that brings together more than 85 crypto companies, payment providers and financial institutions with the goal of aligning on-chain innovation with traditional card payment infrastructure. This new addition will deepen the pre-existing relationship between both companies.
Mastercard stock attracts investor interest following Alchemy Pay's program enrollment.
Alchemy Pay joins Mastercard Crypto Partner Program to build fiat-crypto payment tools and explore on-chain commerce integrations worldwide.