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Tag : digital payments

China expands digital yuan network with 12 new banks
Business

China expands digital yuan network with 12 new banks

egyptezine.com
BEIJING: China’s central bank has added 12 banks to the roster of institutions authorized to operate the digital yuan, widening the reach of the e-CNY and lifting the total number of approved operators to 22. The People’s...
Business

UAE central bank clears DDSC dirham stablecoin launch

egyptezine.com
CryptoWire, ABU DHABI: The Central Bank of the UAE has approved the launch of a UAE dirham-backed stablecoin called DDSC, enabling it to go live on ADI Chain, the companies behind the project said on February 11, 2026. The...
South Korea online sales hit record 16.75 billion in November
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South Korea online sales hit record 16.75 billion in November

egyptezine.com
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 percent increase from the same period a year earlier, according to data released by the Ministry of...
Digital transactions in Korea hit record levels in 2024
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Digital transactions in Korea hit record levels in 2024

egyptezine.com
Electronic payments in Korea reached a new record in 2024, signaling growing consumer adoption of contact-free financial transactions....