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Hong Kong has officially transitioned from a gray area in the crypto world to a fully licensed institutional era.
Alchemy Pay $ACH is at the very heart of this change, not just as a payment tool but as a major infrastructure builder.
Alchemy Pay, tired of the slowness of general blockchains and the fluctuating gas fees, built its own L1 network.
Transactions are settled instantly.
Transaction fees do not fluctuate and are paid with ACH.
KYC/AML systems are embedded directly into the network.
So, it’s a truly enterprise-friendly network.
Alchemy Pay is collaborating with Hong Kong’s most prestigious institutions. They expanded digital asset consulting and trading licenses together with HTF Securities.
Next up is the asset management license.
In other words, Alchemy Pay has become a partner approved by regulators in Hong Kong.
The main fuel for the newly established Alchemy Chain will be the ACH coin. All transaction fees, validator rewards, and ecosystem incentives on the network will be paid in ACH coin. Additionally, in the future, Alchemy Pay’s own native stablecoin will be issued on this network.
Alchemy Pay uses Hong Kong’s strict regulations not as an obstacle but as a springboard. With its fully compliant Alchemy Chain and the licenses it has obtained, it aims to build Asia’s digital financial infrastructure. 📈