Alchemy Pay Strengthens EU Presence with ZBX’s MiCA Credentials
Alchemy Pay has secured exclusive access to the European market through a strategic partnership with the ZBX Group, a licensed entity under the European Union’s Markets in Crypto-Assets (MiCA) regime. This move provides the necessary legal clarity for Alchemy Pay’s Fiat Gateway crypto users across the continent, setting a significant milestone in the industry.
The partnership creates a “dual engine” framework for compliant fiat on-ramps across Europe, allowing Alchemy Pay to expand its operations in the region. This development builds on the company’s recent expansion in Hong Kong, where it invested in HTF Securities, a licensed firm regulated by the Securities and Futures Commission.
Why the ZBX Deal Matters for Alchemy Pay
Since the MiCA framework granted permits in January 2025, only a select group of industry heavyweights, including Circle, Robinhood, OKX, and BYBIT, have successfully navigated the strict process. Alchemy Pay’s partnership with ZBX not only provides a compliant pathway but also integrates the company into a top-tier compliance ecosystem, offering a more robust and efficient route for continued operations in the region.
Together, Alchemy Pay and ZBX aim to develop fully compliant on and off-ramp services, integrating Visa, Mastercard, and regional banking channels. The partnership may also evolve into formal participation and shared governance, subject to further regulatory approvals. This European expansion complements Alchemy Pay’s recent dynamics in Asia, where the company gained exposure to licenses for securities trading, advice, and asset management in Hong Kong.
Compliance-First Approach
Alchemy Pay’s investment in HTF Securities in Hong Kong resulted in the company gaining access to licenses for type 1, 4, and 9 activities, which form the backbone of securities trading, advice, and asset management in the city. These licenses can be expanded to cover virtual asset activities, positioning Alchemy Pay to scale its compliance-first model in two of the world’s most regulated jurisdictions.
With this partnership, Alchemy Pay demonstrates its commitment to compliance and regulatory adherence, providing a trusted and secure platform for its users. As the crypto industry continues to evolve, partnerships like this one will play a crucial role in shaping the future of digital assets in Europe and beyond.
For more information on Alchemy Pay’s partnership with ZBX and its implications for the crypto industry, visit https://crypto.news/alchemy-pay-bolsters-eu-presence-with-zbxs-mica-credentials/.
