Alchemy Pay, a Singaporean crypto-fiat payment gateway, today announced its further expansion into the US market and obtained a money services license from Iowa. Subject to local state regulations, any entity or individual engaged in the business of currency exchange or remittance in Iowa must hold such a license. The company said it has completed applications for MTL licenses in other U.S. states and expects to receive responses in the coming months. Alchemy Pay is also working on license applications in the UK and Hong Kong.