{"id":74688,"date":"2023-02-27T14:05:56","date_gmt":"2023-02-27T12:05:56","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=74688"},"modified":"2025-09-09T21:41:21","modified_gmt":"2025-09-09T18:41:21","slug":"alchemy-pay-secures-indonesian-central-bank-licence","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/alchemy-pay-secures-indonesian-central-bank-licence\/","title":{"rendered":"Alchemy Pay secures Indonesian central bank licence"},"content":{"rendered":"<p>Alchemy Pay, a payments platform, has partnered with fintech company BDPay to obtain the Indonesian central bank&#8217;s permission to operate in the country.<\/p>\n<blockquote class=\\\"twitter-tweet\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">Exciting news! <a href=\\\"https:\/\/twitter.com\/hashtag\/AlchemyPay?src=hash&#038;ref_src=twsrc%5Etfw\\\">#AlchemyPay<\/a> and <a href=\\\"https:\/\/twitter.com\/mybdpay?ref_src=twsrc%5Etfw\\\">@mybdpay<\/a> have jointly received license from the Central Bank of Indonesia to operate remittances and fund transfers.<br \/>Read more at: <a href=\\\"https:\/\/t.co\/FFkC5Jvv2Y\\\">https:\/\/t.co\/FFkC5Jvv2Y<\/a><a href=\\\"https:\/\/twitter.com\/search?q=%24ACH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\\\">$ACH<\/a><\/p>\n<p>\u2014 Alchemy Pay|$ACH: Fiat-Crypto Payment Gateway (@AlchemyPay) <a href=\\\"https:\/\/twitter.com\/AlchemyPay\/status\/1630109805238173696?ref_src=twsrc%5Etfw\\\">February 27, 2023<\/a><\/p>\n<\/blockquote>\n<p> <script async=\\\"\\\" src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script><\/p>\n<p>The license will allow Alchemy Pay to carry out low-cost money transfers for cryptocurrency users in Indonesia. Regulatory approval is part of the platform&#8217;s expansion into Asia.<\/p>\n<p>In the wake of the news, the Alchemy Pay token (ACH) rose about 11%, to $0.041. The project&#8217;s capitalisation has surpassed $200 million, according to <a href=\\\"https:\/\/www.coingecko.com\/en\/coins\/alchemy-pay\\\">CoinGecko<\/a>.<\/p>\n<figure class=\\\"wp-block-image size-large\\\"><img loading=\\\"lazy\\\" decoding=\\\"async\\\" width=\\\"1024\\\" height=\\\"640\\\" src=\\\"https:\/\/forklog.com\/wp-content\/uploads\/111-41-1024x640.png\\\" alt=\\\"111-41\\\" class=\\\"wp-image-199109\\\" srcset=\\\"https:\/\/forklog.com\/wp-content\/uploads\/111-41-1024x640.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/111-41-300x188.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/111-41-768x480.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/111-41-1536x960.png 1536w, https:\/\/forklog.com\/wp-content\/uploads\/111-41-2048x1280.png 2048w\\\" sizes=\\\"auto, (max-width: 1024px) 100vw, 1024px\\\" \/><figcaption>Hourly ACH\/USDT chart on Binance. Data: <a href=\\\"https:\/\/www.tradingview.com\/symbols\/ACHUSDT\/\\\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>BDPay offers local and cross-border transfers for private and corporate clients. The fintech company also provides services related to payroll projects.<\/p>\n<p>Founded in 2018 in Singapore, Alchemy Pay supports payments via Mastercard, Visa, Google Pay, Apple Pay and other services. The platform operates in 173 countries.<\/p>\n<p>In February 2023, Indonesia <a href=\"https:\/\/forklog.com\/en\/news\/in-indonesia-cryptocurrencies-are-classified-as-securities\">adopted<\/a> the Financial Sector Development and Strengthening Act, which also classifies cryptocurrencies as securities.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The payments platform Alchemy Pay has partnered with fintech BDPay to obtain the Indonesian central bank&#8217;s permission to operate in the country.<\/p>\n","protected":false},"author":1,"featured_media":74689,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1530],"class_list":["post-74688","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-indonesia"],"aioseo_notices":[],"amp_enabled":true,"views":"14","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74688","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=74688"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74688\/revisions"}],"predecessor-version":[{"id":74690,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/74688\/revisions\/74690"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/74689"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=74688"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=74688"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=74688"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}