Kredete acquires South African CASP license for stablecoin expansion

Cross-border payments platform Kredete has completed the acquisition of an entity holding a Crypto Asset Service Provider (CASP) license issued by South Africa’s Financial Sector Conduct Authority (FSCA). Executed as an all-share transaction through a subsidiary dedicated to stablecoin infrastructure development, the deal expands Kredete’s regulated digital asset footprint into one of Africa’s largest and most developed financial markets. The acquisition marks a major milestone in Kredete’s long