Is Alchemy Pay a VASP in Taiwan Alchemy Pay transforms convenience stores into currency exchange platforms offering cashtocrypto services
Despite Taiwan’s issuance of guidelines for Virtual Asset Service Providers (VASPs) and the establishment of self-regulatory associations by local operators, Alchemy Pay, a registered company in Lithuania, is not listed among the VASP compliance statement providers. Although it requires KYC from customers, it may have violated Taiwan’s relevant regulations.
