Alchemy Pay, a world-leading fiat-crypto payment solutions provider, proudly announces its successful registration as a Digital Currency Exchange Provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC). This approval represents a key regulatory approval, enabling Alchemy Pay to facilitate seamless, secure fiat-to-crypto payment services in the Australian market.

With its registration as a Digital Currency Exchange Provider under AUSTRAC, Alchemy Pay can establish local payment facilitator relationships in Australia to enhance crypto exchange services at a more competitive price tailored to Australian users. This regulatory milestone bolsters Alchemy Pay's regional presence and places it among other prominent industry players such as Kraken, which is also registered under this regulatory framework.