China expands digital yuan network with 12 new banks
BEIJING: China’s central bank has added 12 banks to the roster of institutions authorized to operate the digital yuan, widening...
Tag : digital payments
UAE central bank clears DDSC dirham stablecoin launch
CryptoWire, ABU DHABI: The Central Bank of the UAE has approved the launch of a UAE dirham-backed stablecoin called DDSC, enabling it...
South Korea online sales hit record 16.75 billion in November
MENA Newswire, SEOUL: Online shopping sales in South Korea reached a record 24.15 trillion won (US$16.75 billion) in November, marking a 6.8...
Digital transactions in Korea hit record levels in 2024
Electronic payments in Korea reached a new record in 2024, signaling growing consumer adoption of contact-free financial transactions....