Alchemy Pay: Major Surge After Australian Regulatory Approval
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Alchemy Pay (ACH) has been on fire in the last 24 hours, with its price jumping over 70% to around $0.0392. This surge comes hot on the heels of some exciting news for the project: Alchemy Pay has successfully registered as a Digital Currency Exchange Provider with AUSTRAC, Australia’s financial regulatory authority.
This milestone allows Alchemy Pay to offer fiat-to-crypto payment services in the Australian market, opening the doors to a broader audience and driving demand for the ACH token. With crypto adoption growing globally, this move signals a big step forward for the platform in expanding its real-world use cases.
The market response has been huge. ACH saw its 24-hour trading volume soar to over $727.84 million, reflecting a surge in investor interest. The token now holds a market cap of approximately $249 million, solidifying its position as a top player in the crypto payment space.
In terms of price movement, ACH saw a steady climb throughout the day, peaking with a solid 76.93% gain. Investors are optimistic about the new Australian regulatory approval and what it could mean for future partnerships and integrations. Alchemy Pay’s focus on bridging the gap between crypto and fiat currencies seems to be resonating with both users and traders.
This latest price action adds to a strong performance for ACH in recent weeks, showing that Alchemy Pay is more than just hype – it’s building real-world solutions in the crypto space. For now, all eyes are on how the platform will capitalize on its momentum, especially with further global expansion likely on the horizon.
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