Alchemy Pay now supports the Movement Network’s native token, MOVE, in its fiat on-ramp solution. Users can purchase MOVE using mainstream payment methods, including Visa, MasterCard, mobile wallets, and bank transfers.
The company’s official announcement reveals that integrating the $MOVE token simplifies access and enhances user convenience. The partnership with Movement Network broadens the availability of $MOVE, benefiting both individuals and developers. Additionally, it reinforces its role in connecting fiat and crypto, ensuring a secure and seamless experience for mainstream users.
Alchemy Pay operates in over 173 countries, providing payment solutions through more than 300 channels. The company expands globally while ensuring regulatory compliance in key regions, including the UK, US, Canada, Indonesia, and Lithuania. By integrating its on/off-ramp services with CoinEx, a global cryptocurrency exchange, Alchemy Pay allows users to buy and sell cryptocurrencies using local fiat methods, strengthening CoinEx’s market position by bridging traditional finance and digital assets.
The $MOVE integration aligns with Alchemy Pay’s mission to simplify crypto adoption by enabling easy access to digital assets through traditional payment systems. In addition, Alchemy Pay has earned registration as a Digital Currency Exchange Provider with the Australian Transaction Reports and Analysis Centre (AUSTRAC). This approval allows the company to offer secure fiat-to-crypto services in Australia, reinforcing transparency and trust with compliance to Australian anti-money laundering (AML) and counter-terrorism financing (CTF) regulations. “We’re excited to bring our compliant services to Australian users,” said Ailona Tsik, CMO of Alchemy Pay.
In another significant development, Venice, an AI startup supported by Erik Voorhees of ShapeShift, has launched its VVV cryptocurrency on Coinbase’s Base layer-2 network. The VVV token allows users to access Venice’s AI API for text, image, and code generation through a staking model, where 1% of staked tokens secures 1% of the API capacity indefinitely, rather than a traditional pay-per-request system.
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