digital payments Archives

China expands digital yuan network with 12 new banks

iraqbulletin.coApril 3, 2026April 4, 2026

April 3, 2026April 4, 2026

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 Bank of China said the newly admitted institutions will connect to the central bank’s digital......

Business

UAE central bank clears DDSC dirham stablecoin launch

iraqbulletin.coFebruary 13, 2026February 14, 2026

February 13, 2026February 14, 2026

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 approval adds another regulated digital payment instrument to the UAE’s expanding financial technology ecosystem, with......

News

South Korea online sales hit record 16.75 billion in November

iraqbulletin.coJanuary 3, 2026January 3, 2026

January 3, 2026January 3, 2026

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 Data and Statistics. The figure represents the highest level recorded since the ministry began compiling......

Business

Digital transactions in Korea hit record levels in 2024

iraqbulletin.coMarch 22, 2025March 22, 2025

March 22, 2025March 22, 2025

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