The company says the new blockchain is designed to align with the European Union’s MiCA (crypto asset rules) and the Hong Kong Monetary Authority (Hong Kong banking regulator) frameworks.
Alchemy Pay has launched the Alchemy Chain mainnet, describing it as a blockchain built to support globally compliant stablecoin payment infrastructure. According to the announcement, the network is aligned with the European Union’s MiCA (Markets in Crypto-Assets regulation) framework and the Hong Kong Monetary Authority (Hong Kong banking regulator) framework. The launch marks a new phase for Alchemy Pay as it moves from payment services into blockchain infrastructure focused on regulated stablecoin use.