More recently, it has turned its attention to partnerships between Big Tech and AI companies — an area in which it is seen to be out in front among its international counterparts, who will be following developments closely. The world’s largest tech firms are also set to be on the receiving end of new powers … Read more
Ripple’s XRP cryptocurrency prices surged almost 30% in the past five days to trade at £2.67 ($3.25) per token on 17th January, breaking past major resistance levels and reaching an all-time high of £2.76 ($3.36). A leak reported by the New York Post revealed that the incoming Trump Administration could create a more expansive crypto … Read more
Yet that doesn’t mean only European providers can offer sovereign cloud solutions. American providers might also be able to protect customer data from United States government access through technical measures such as client-side encryption, encryption with third-party key management or confidential computing. If securely implemented, the American provider can then only disclose data in its … Read more
India’s relationship with virtual digital assets (VDA) has been a rollercoaster. From skepticism to cautious exploration, the narrative has shifted significantly in recent years. As the global virtual digital assets market matures, it’s crucial for India to embrace a well-defined regulatory framework that nurtures innovation while safeguarding the interests of all stakeholders. The Current Landscape … Read more
ATHENS — Cyprus will resolve all technical issues necessary to join the Schengen free-travel zone by the end of this year, Cypriot President Nikos Christodoulides said. Cyprus and Ireland, which have no land borders with other EU countries, are the only EU member states outside the Schengen area. Romania and Bulgaria became full members of … Read more
It’s unclear to what part of the inauguration Zemmour and Knafo were invited or who exactly reached out to them. POLITICO has contacted the Trump transition team for comment. While it would appear at first glance that Trump and Le Pen were made from the same political mold, fusing old-fashioned protectionism with an anti-immigration, populist … Read more
Artificial intelligence (AI) has the potential to be a transformative force, reshaping industries, economies and societies while acting as a harbinger of revolutionary change. However, UN Secretary General Antonio Guterres cautioned the UN Security Council in a recent address that this technological revolution carries a double-edged promise: while it has the potential to drive progress, … Read more
Hawkish Eastern European and Nordic countries including Poland and Sweden are keen to boost EU spending on defense, while Southern ones such as Italy and Greece would prefer more cash to stem migrant arrivals from Africa. In 2025, EU countries will set their red lines for the negotiations. But if the past is anything to … Read more
“Recent moves to delay and dilute vital regulatory protections reflect a worrying trend where ‘competitiveness’ is repeatedly used as a pretext to weaken essential safeguards against financial risks,” he said. Now, with Donald Trump returning to the White House in a matter of weeks, the future of the rules looks uncertain — which creates a … Read more
China’s tax authority on Friday published a draft regulation that would require the operators of e-commerce, short-video and social media platforms to report the income of merchants and influencers. Under the current draft, which is soliciting public feedback until January 19, internet platform operators must report the identity, income and other tax-related information about revenue-generating … Read more
