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EBA insist on voluntary guidelines for stablecoins amid concerns from emerging economies
Jul 12,2023
The European Banking Authority (EBA), the banking watchdog of the European Union, has requested that stablecoin issuers adhere to voluntary guidelines to manage risks and safeguard consumers as it released its first set of measures for public consult...
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China aims to promote digital connectivity for global economic growth and development
Jul 12,2023
During a sub-forum of the First High-Level Meeting of the Forum on Global Action for Shared Development in Beijing, Zhong Haidong, the vice-chairman of the China International Development Cooperation Agency, reaffirmed China's commitment to collabora...
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UNCTAD experts call for ensuring open, competitive, and fair digital markets in developing countries
Jul 12,2023
During the UN Conference on Trade and Development (UNCTAD) experts meeting on competition law and policy convened between 7 -9 July 2021, it was highlighted that authorities in developing countries encounter multiple challenges in imposing competitio...
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India: Non-Personal Data Governance Framework open for public consultation
Jul 12,2023
The Committee of Experts deliberating on the Non-Personal Data Governance Framework has released a report for public consultation. Apart from elucidating on the trends and imbalances in the present data economy, the report makes a case for regulating...
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EU Regulation on platform-to-business relations enters into force
Jul 12,2023
Regulation 2019/1150 on promoting fairness and transparency for businesses users of online intermediation services entered into force on 12 July in the EU. Member states of the EU may immediately apply the regulation to online intermediaries operatin...
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Cambodian government approves draft laws on e-commerce and consumer protection
Jul 12,2023
The Cambodian government approved two draft laws, on e-commerce and consumer protection. The e-commerce lawaims to promote trade via electronic means and addresses key topics, such as electronic signatures, aiming to boost e-commerce. The law on cons...
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China passes new regulations on online advertising
Jul 12,2023
China's State Administration for Industry and Commerce has passed a comprehensive set of laws aimed at regulating online advertising. The new laws are said to protect against 'false or misleading practices', especially in the field of medicine. In Ap...
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UNCTAD and the China Silk Road Group to deliver ODR to e-commerce consumers
Jul 11,2023
UNCTAD and the China Silk Road Group signed an agreement to deliver online dispute resolution to consumers in south-east Asia to improve international trade and electronic commerce. Under the agreement, the parties will jointly develop an online disp...
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Third-party breach targets e-commerce websites
Jul 11,2023
A third-party breach that compromised the data of several Ticketmaster UK customers was found to be part of a larger campaign which targeted more than 800 e-commerce sites. Threat actors from the Magecart APT group gained access to the systems of InB...
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WEF publishes Global Information Technology Report 2016
Jul 11,2023
The World Economic Forum has published the 2016 edition of The Global Information Technology Report. The report examines the capacity of countries to use ICTs for 'increased competitiveness and well-being' and summarises it in the Networked Readiness...
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Russian surveillance law to put financial burden on telecoms
Jul 11,2023
A recently-signed surveillance law would force Russian telecommunications providers to spend 'billions of dollars more than they can afford.' According to the new legislation, 'organisers of information distributes' need to save and store the communi...
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Measuring the Internet economy in Africa
Jul 10,2023
In response to a rise in Internet shutdowns in Africa, advocacy organisations in Africa have been calculating the size of the internet economy. For example, the Collaboration on International ICT Policy in East and Southern Africa (CIPESA), measures ...
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