Alchemy Pay Secures Rhode Island Currency Transmitter License, Expanding U.S. Coverage

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: May 20 2026

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Regulatory Milestone: Alchemy Pay has successfully secured a Currency Transmitter License from Rhode Island, expanding its U.S. license coverage to 16 states, significantly enhancing its compliance capabilities in the global financial market and laying the groundwork for compliant fiat-crypto payment services.
Service Expansion: The acquisition of this license not only boosts Alchemy Pay's ability to provide compliant payment services but also strengthens its capacity to connect blockchain-based settlements with traditional finance, further advancing its business in digital asset transfers and remittances.
Stablecoin Infrastructure: Alchemy Pay focuses on stablecoin-driven infrastructure through its Alchemy Chain L1 blockchain, aiming for rapid, predictable, and low-cost stablecoin transfers, ensuring competitiveness in an evolving global regulatory landscape.
Strategic Commitment: The CMO of Alchemy Pay stated that this license expansion will help the company better serve its partners and promote the development of scalable and compliant payment infrastructure, highlighting its strong commitment to regulatory excellence.

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Technical Analysis for ACH

Technical Sentiment Analysis for Alchemy Pay (ACH). As of , Alchemy Pay (ACH) is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 6 technical signals, shows that 3 indicators are flashing buy, while 3 are indicating sell.

Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for ACH stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.

Support, Resistance & Moving Averages. From a structural perspective, ACH is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.

Alchemy Pay (ACH) Support & Resistance Level

Name	S3	S2	S1	Pivot Points	R1	R2	R3
Classic	0.00498	0.00559	0.00612	0.00673	0.00726	0.00787	0.0084
Fibonacci	0.00559	0.00603	0.0063	0.00673	0.00717	0.00744	0.00787

About ACH

Founded in Singapore in 2018, Alchemy Pay (ACH) is a payment solutions provider that seamlessly connects fiat and crypto economies for global consumers, merchants, developers, and institutions. It provides online and offline merchants with convenient acceptance of both fiat and crypto, enables easy onboarding to blockchain ecosystems, and makes web3 services highly accessible. Today, Alchemy Pay is supported in over 70 countries with 300 payment channels, has touchpoints with more than 2 million merchants through partnerships with industry leaders such as Binance, Shopify, NIUM, and QFPay. Alchemy Pay’s token ACH, is an ERC20 native to the Ethereum blockchain.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

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