Kredete Expands South African Crypto Footprint With CASP Licence Acquisition

Kredete, a real-time cross-border payments platform, 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). The transaction was structured as an all-share acquisition through a subsidiary dedicated to stablecoin infrastructure buildout and expands Kredete’s digital assets licensing footprint to one of Africa’s notable crypto asset markets. Stablecoin adoption in South Africa has grown r