Alchemy Pay, a well-known crypto payment platform, has witnessed an astonishing achievement. According to alchemy salaries, the Swiss-based Quality Assurance Association (VQF) officially recognizes the company as a self-regulatory organization within its jurisdiction. The platform has accessed official social media channels to reveal this development.
# #alchemypay is now officially recognized as a Swiss self-regulatory organization by VQF. This will improve our ability to provide top-notch encryption and stubcoin solutions across the Swiss market.
From Crypto to Fiat, we will expand and make payments easier and safer…pic.twitter.com/lfzahsy0pc
– Alchemy Salary | $ ACH: Fiat Crypto Payment Gateway (@Alchemypay) March 7th
Swiss VQF allows alchemy to operate as a self-regulated organisation
We consider Alchemy Pay to be an important development to operate as a Swiss self-regulatory organization. The national quality assurance association officially recognizes alchemical pay for carrying out business within the region. With this development, the company plans to provide a compliant, secure encryption to legal crypto-to-crypto exchange service. Specifically, it will focus on providing payment solutions for stable coins within the Swiss market. This further enhances the status of alchemy pay as a trusted crypto payment platform.
The platform is recognized as an SRO under Switzerland-based financial markets regulators. Therefore, for financial services within Switzerland, we maintain a high standard of participants. As part of the collaboration between Alchemy Salary and VQF, the platform ensures clear and safe operation. Under Switzerland’s rapidly moving forward crypto and stubcoin market, alchemy salary will have a groundbreaking opportunity to grow even further. The country’s regulatory framework provides a robust foundation for the platform to expand its stable payment mechanism.
Ailona Tsik, CMO for Alchemy Pay, expressed his enthusiasm for the collaboration. Executives consider this move a notable step in providing stable payments in a fully compliant way in Switzerland. According to the executive, the platform strives to provide trustworthy services to Switzerland’s growing crypto community. Previous successful developments, including entry into South Korea, Australia, the UK and the US, underscore their ability to deal with complex regulatory environments.
Provide stubcoin payments compliant to businesses and individuals in Switzerland
According to Alchemy Pay, as a VQF recognition platform, it is poised to provide full compliance to the market for cryptographic decryption regulations and other unique frameworks. This demonstrates the platform’s commitment to providing secure services that are compliant with Swiss businesses and users. Additionally, it has achieved notable regulatory landmarks in several jurisdictions, including eight gold sender authentication in eight states in the US.
