Alchemy Pay has found a way to enter Europe’s crypto market. They’ve teamed up with ZBX Group, a licensed firm.This partnership helps Alchemy Pay follow Europe’s new MiCA rules.
The deal gives Alchemy Pay a “dual-engine” setup for converting fiat to crypto. ZBX is one of the few firms authorized by Malta’s Financial Services Authority under MiCA. This makes it easier for Alchemy Pay to operate in Europe’s strict regulatory environment.
Only a few big players like Circle and Robinhood have managed to get MiCA approval. By working with ZBX, Alchemy Pay gets immediate access to a top-tier compliance system. This is a big advantage in the market.
The two companies plan to create compliant on- and off-ramp services. These will work with Visa, Mastercard, and local banks. They might also become equity partners, depending on approvals.
This move follows Alchemy Pay’s success in Asia. They recently invested in HTF Securities in hong Kong. This gave them important licenses for trading and asset management. Now, they’re ready to expand their compliance-focused model in two key regions.
