Alchemy Pay Recognized as Self-Regulatory Organization in Switzerland
Alchemy Pay, a prominent crypto payment platform, has achieved a significant milestone. The Switzerland-based Association for Quality Assurance of Financial Services (VQF) has officially recognized Alchemy Pay as a Self-Regulatory Organization (SRO) within its jurisdiction. The company announced this development via its official social media channel.
> 🇨🇭#AlchemyPay is now officially recognized by the VQF as a Self-Regulatory Org in Switzerland. This boosts our ability to deliver top-tier crypto payment & stablecoin solutions across the Swiss market.
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> 🇪🇺From crypto to fiat, we expand, making payments easier, safer & more… pic.twitter.com/LfzAHSY0pc
> — Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) March 7, 2025
Importance of Self-Regulatory Recognition
The recognition as a Self-Regulatory Organization in Switzerland is a crucial development for Alchemy Pay. This enables the company to operate securely and compliant while offering crypto-to-fiat and fiat-to-crypto exchange services. Alchemy Pay aims to provide payment solutions for stablecoins within the Swiss market, reinforcing its position as a trusted crypto payment platform.
With this recognition under the Financial Market Supervisory Authority in Switzerland, Alchemy Pay will uphold high standards for financial services participants in the country. The collaboration with VQF ensures that operations will be transparent and secure, especially in the rapidly evolving crypto and stablecoin market of Switzerland.
CMO Ailona Tsik expressed enthusiasm about this recognition, highlighting its importance for offering stablecoin payments in a compliant manner. The platform is dedicated to serving the growing crypto community in Switzerland and has successfully navigated regulatory landscapes in markets like Korea, Australia, the UK, and the US.
Compliant Stablecoin Payments
As a VQF-recognized platform, Alchemy Pay is well-equipped to comply with the Markets in Crypto-Assets Regulation and other relevant frameworks. This demonstrates the company’s commitment to providing secure and compliant services to businesses and users in Switzerland. Additionally, Alchemy Pay has secured regulatory approvals in various jurisdictions, including eight money transmitter certifications across eight U.S. states.
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