ChainCatcher news, cryptocurrency payment service provider Alchemy Pay announced further expansion into the U.S. market and has obtained a money service license in Iowa. According to local state regulations, any entity or individual engaged in currency exchange or remittance business in Iowa must hold such a license. According to its announcement, Alchemy Pay is also working on license applications in the UK and Hong Kong.As early as September this year, Alchemy Pay obtained a Money Transfer License (MTL) in Arkansas.

ChainCatcher news, SG Forge, the cryptocurrency division of Societe Generale, has obtained a license from the French financial regulator, becoming the first company in the country to offer cryptocurrency services. The license allows SG Forge to provide services such as buying, exchanging, and custody of digital assets. While many cryptocurrency companies, including Binance, are registered with the Autorité des Marchés Financiers, SG Forge is the first company to obtain a license.

ChainCatcher news, the crypto asset custody company Ceffu plans to attempt again to obtain a license to provide cryptocurrency services in Singapore, shifting from retail clients to corporate clients.It is reported that Binance launched a restructured business aimed at Singapore corporate clients at the end of November last year, renaming Binance Custody to Ceffu. Currently, Ceffu operates as an independent custody company separate from Binance. (Source link)