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Alchemy Pay expands US compliance with four new state licenses

Alchemy Pay’s new MTL licenses in Minnesota, Oklahoma, Oregon and Wyoming bring its total to eight US state licenses.

Cryptocurrency payment gateway Alchemy Pay is growing compliance in the United States by obtaining new licenses in four US states.

Alchemy Pay has secured four new US money transmitter licenses (MTLs) in Minnesota, Oklahoma, Oregon and Wyoming, the firm announced to Cointelegraph on Nov. 8.

The new licenses bring Alchemy Pay’s total to eight US state licenses, according to data from the Nationwide Multi-State Licensing System and Registry.

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Hawaii crypto firms no longer need MT license, regulator rules

While being exempt from the Money Transmitter License requirement, crypto firms in Hawaii will still have to comply with any federal licensing laws.

Cryptocurrency firms in Hawaii are now officially exempt from the requirement to receive a Money Transmitter License (MTL) to run business in the state.

The Hawai‘i Department of Commerce and Consumer Affairs (DCCA) informed the public that the state concluded the collaborative crypto research project Digital Currency Innovation Lab (DCIL) on June 30, 2024.

Initiated in 2020, DCIL aimed to explore the landscape of digital currency activity within the state as well as assess the regulatory framework required for crypto-related companies.

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Little-Known Ethereum Metaverse Altcoin Soars As Coinbase Launches Support for Low-Cap Crypto Projects

Little-Known Ethereum Metaverse Altcoin Soars As Coinbase Launches Support for Low-Cap Crypto Projects

A decentralized communications network is surging on the news that top US crypto exchange Coinbase will list its native token. In an announcement, Coinbase says Sylo (SYLO) and four other Ethereum (ETH)-built tokens will start trading paired with Tether (USDT) once appropriate liquidity conditions are met. According to the project website, Sylo’s priority is ensuring […]

The post Little-Known Ethereum Metaverse Altcoin Soars As Coinbase Launches Support for Low-Cap Crypto Projects appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Crypto Exchange Coinbase Adds Two Ethereum-Based Altcoins and One Project Built on Solana to Listing Roadmap

Crypto Exchange Coinbase Adds Two Ethereum-Based Altcoins and One Project Built on Solana to Listing Roadmap

Top US-based crypto exchange platform Coinbase is adding three altcoin projects to its listing roadmap. Coinbase’s listing roadmap is a set of crypto projects that are on the path of possibly joining the exchange’s roster of supported assets. In a new announcement, Coinbase says it has updated its roadmap with the addition of Gnosis (GNO), […]

The post Crypto Exchange Coinbase Adds Two Ethereum-Based Altcoins and One Project Built on Solana to Listing Roadmap appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Crypto Exchange Giant Coinbase Offers Custody Support for Six Little-Known Altcoins, Including Four DeFi Tokens

Crypto Exchange Giant Coinbase Offers Custody Support for Six Little-Known Altcoins, Including Four DeFi Tokens

Coinbase continues to expand its crypto footprint by extending custodial services support to half a dozen altcoins, including four decentralized finance (DeFi) tokens. In a new announcement, the US-based cryptocurrency exchange says it’s adding six new cryptocurrencies to its roster of 200+ assets that are part of the Coinbase Custody cold storage trust. Coinbase Custody […]

The post Crypto Exchange Giant Coinbase Offers Custody Support for Six Little-Known Altcoins, Including Four DeFi Tokens appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal

Ethereum-Based Payments Altcoin Explodes 126% in Matter of Days As Bitcoin Breaks Above $41,000

Ethereum-Based Payments Altcoin Explodes 126% in Matter of Days As Bitcoin Breaks Above ,000

An Ethereum-based altcoin project designed to bring crypto payments to the mainstream is soaring after announcing a new milestone. The Metal Pay wallet app allows people to buy, sell and trade cryptocurrencies as well as send capital to acquaintances. The project’s central crypto asset, Metal (MTL), has more than doubled in price since April 11th, […]

The post Ethereum-Based Payments Altcoin Explodes 126% in Matter of Days As Bitcoin Breaks Above $41,000 appeared first on The Daily Hodl.

Bitcoin Technical Analysis: BTC’s Short-Term Correction—What the Charts Reveal