Alchemy Pay Shines at Iconic Web3 Conference TOKEN2049 Dubai

Alchemy Pay
3 min readApr 26, 2024

In the dynamic world of cryptocurrency, TOKEN2049 stands as the premier gathering for those deeply involved in the crypto and blockchain sectors. This biannually hosted event draws crypto experts, enthusiasts, and investors from around the world. It offers a unique platform to share ideas, showcase innovative projects, and discuss the future of the industry. Over two days, April 18–19, it connects 10,000 attendees from more than 4,000 companies across over 100 countries.

Despite facing unexpected challenges, including a severe storm that caused widespread flooding and travel disruptions, the Alchemy Pay team successfully reached the venue. At the event, we showcased our leading on & off ramp solutions, making invaluable connections with entrepreneurs, institutions, and industry insiders. This experience made our journey to Dubai truly memorable.

One of the central themes at the conference was the focus on regulation, a topic of paramount importance to both individuals and projects. The event began on April 18th with a panel discussion on the main stage titled “Navigating the Legal Landscape: Perspectives on Global Crypto Regulation.” This discussion underscored the critical role of crypto regulation in the face of global economic challenges. Understanding how to operate crypto-related businesses within a compliant and regulatory framework is increasingly becoming a major concern, not only for governments but also for investors and industry stakeholders.

As the industry increasingly recognizes that regulation is inevitable, Alchemy Pay has embedded compliance into its DNA from the outset. We have consistently aligned with this trend since our inception, prioritizing the security of our partners, clients, and individual users. Alchemy Pay maintains the highest standards of compliance to ensure the safety of every fiat-crypto transaction. To date, we have secured 6 licenses across the United States, the UK, Europe, and Indonesia, including the recent addition of an Authorized Payment Institution License in the UK. Moreover, our application for the Money Service Operators license in Hong Kong, one of our key strategic markets, is in the final stages of review.

In addition to the main event, TOKEN2049 Dubai featured over 400 side events covering a wide range of topics including DePIN, AI, payments, restaking, and the Bitcoin ecosystem, etc. Our ecosystem lead, Robert McCracken, participated in a panel discussion on Epic Web3 Restaking & Infra Day, titled “Security vs. Risks in the Era of Restaking,” alongside the Co-Founder of Hyperlane, the CEO of Picasso Network, and the Co-Founder of ether.fi.

The Alchemy Pay team actively participated in various exclusive events held alongside TOKEN2049 Dubai, including the Dubai Web3 Grand Gaming Party, the Web3 Summit Dubai, and TOKEN2049 yacht party. At these gatherings, we seized the opportunity to engage with key industry leaders, foster meaningful connections, and delve into insightful discussions on emerging market trends and developments within the Web3 ecosystem.

About Alchemy Pay

Founded in Singapore in 2017, Alchemy Pay is a payment gateway that seamlessly connects crypto with traditional fiat currencies for businesses, developers, and end users. With its On & Off Ramp solution, Crypto Card, Web3 Digital Bank, NFT Checkout, and Crypto Payments, Alchemy Pay supports payments in 173 countries.

The Ramp is a one-stop solution to buy and sell crypto and fiat, easily integrated by platforms and dApps according to requirements. The Crypto Card solution empowers businesses and token issuers to provide users with branded virtual and physical cards for instant global spending. The Web3 Digital Bank offers an innovative solution, allowing Web3 enterprises to open multi-fiat accounts and facilitating instant conversion between fiat and cryptocurrencies.

ACH is the Alchemy Pay network token on the Ethereum blockchain.

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Alchemy Pay

Alchemy Pay (ACH) bridges fiat and crypto global economies through a real-world payment system and mainstream-friendly access to web3 services.