Introduction
Kredete, a real-time cross-border payments platform, has been granted Virtual Asset Service Provider (VASP) registration by Argentina’s Comisión Nacional de Valores (CNV) under General Resolution 1058. It has also received Payment Service Provider (PSP) authorization from the Banco Central de la República Argentina (BCRA).
With these two licenses, Kredete can offer regulated crypto exchange, custody, and transfer services, as well as compliant payment account services, directly to users and businesses in Argentina.
The dual licensing extends Kredete’s regulatory footprint across the markets it serves. It also reinforces the company’s compliance-first approach to expansion, which relies on local licensing rather than cross-border workarounds.
Compliance as Infrastructure
Kredete was founded in 2022 by Adeola Adedewe. Its mission is to give individuals and businesses across emerging markets, whether at home or abroad, access to modern, affordable financial tools that reflect their real economic lives.
Today, Kredete operates a unified platform that enables consumers, businesses, and financial institutions to move, convert, hold, and settle money globally in real time.
Why Argentina
Argentina is one of the fastest-growing crypto adoption markets in Latin America. Full regulatory licensing positions Kredete to serve that demand directly, both for everyday remittance users and for the broader diaspora community sending money into and out of the country.
Victoria Ukana, Director of Compliance at Kredete, said:
“Holding both VASP and PSP authorizations in Argentina allows us to support both digital asset and traditional payment services under the oversight of the CNV and BCRA. We don’t cut corners to enter new markets faster; we do the work to operate within the appropriate regulatory framework, so our users can trust how their money is handled.”
What Comes Next
This milestone advances Kredete’s ambition to build fully licensed, locally compliant financial infrastructure across every market it serves. The goal is to deliver the same trust and reliability to users in Argentina that Kredete provides across its other 60+ supported countries.
About Kredete
Kredete is a real-time cross-border payments platform powered by stablecoin infrastructure. It enables individuals, businesses, and financial institutions to move, convert, and settle money globally. Founded in 2022 by Adeola Adedewe, Kredete supports fast, low-cost payments to more than 60 countries and offers financial products that help consumers build credit.
The company has raised $24.75 million in total funding, serves more than 6.5 million users, and processes over $18 billion in annualized payment volume.