Alchemy Pay strategically invests in Korean electronic financial platform EZPG Co., Ltd.

Odaily reports that Alchemy Pay, a cryptocurrency payment solution provider, has announced a strategic investment in the South Korean electronic finance platform EZPG Co., Ltd. This investment allows Alchemy Pay to obtain the registration qualification for electronic financial business under the supervision of the Financial Supervisory Service (FSS), the integrated financial regulatory agency of the South Korean government. It is reported that in the past year, Alchemy Pay has obtained money transfer licenses in eight states in the United States, an authorized payment institution license in the United Kingdom, and registered as a digital currency exchange provider (DCEP) with AUSTRAC in Australia.