Signatories to the E-Commerce Agreement, negotiated under the WTO Joint Statement Initiative (JSI), are planning to implement the deal on an interim basis despite continued opposition. At least 70 of the 72 countries that endorsed the agreement are expected to sign a declaration to that effect at the next WTO Ministerial Conference (MC14) in Yaoundé.
The move comes as JSI members seek to advance the agreement despite the lack of consensus among the full WTO membership for its incorporation into the Organization’s Annex 4, a step that would require the support of all WTO members. The interim arrangement would take the form of a legally binding treaty among the signatories, expiring upon formal integration into the WTO framework.
The E-commerce Agreement, finalised in July 2024, includes provisions on trade facilitation (e-signatures, paperless trade, single window), personal data protection, and a commitment to refrain from imposing customs duties on electronic transmissions. The latter clause would ensure the continuation of duty-free e-commerce among signatories regardless of the outcome of the broader WTO moratorium on customs duties on electronic transmissions.
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Efforts to strengthen technological competitiveness in Europe focus on advancing AI capabilities, developing new forms of talent and improving access to investment.
Discussions at the CTx Tech Experience in Seville highlighted a growing consensus that innovation must scale more effectively if the region is to compete globally.
Participants emphasised that Europe continues to face structural challenges, including fragmented markets, regulatory complexity and limited capital for high-growth companies.
These constraints have made it more difficult for startups to expand, prompting calls for stronger coordination between public institutions and private investors.
AI is increasingly viewed as the foundation of the transformation. Industry leaders pointed to the emergence of new business opportunities driven by AI, alongside the need to translate innovation into scalable commercial outcomes.
At the same time, labour market dynamics are shifting towards hybrid skillsets that combine technical expertise with business understanding and critical thinking.
In such a context, strengthening Europe’s innovation capacity is seen as essential to competing with global powers such as the US and China.
Brazil has postponed discussions on its upcoming cryptocurrency tax framework until after the October 2026 presidential elections, signalling a cautious political approach to digital asset regulation.
Finance officials aim to avoid introducing contentious fiscal measures during an election cycle, despite earlier plans to launch a public consultation later this year.
Recent tax reforms have already marked a significant shift in Brazil’s crypto policy. A flat 17.5% tax on capital gains was introduced in June 2025, replacing earlier exemptions for smaller transactions.
Previous rules allowed tax-free monthly sales up to 35,000 Brazilian real, while higher volumes were subject to progressive rates. Banco Central do Brasil classified stablecoin transfers as foreign exchange, making them subject to standard currency tax rules.
Authorities are considering broader crypto taxes, including on assets used for international payments. Alignment with the Crypto-Asset Reporting Framework also remains on the agenda, indicating a move towards tighter oversight and global regulatory coordination.
Strong adoption highlights the policy’s importance, with Brazil leading Latin America and ranking among the world’s top crypto markets. Regional data shows a surge in adoption, strengthening Brazil’s role in the global digital asset market.
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Members of the European Parliament are calling for more rapid progress in implementing the bloc’s digital competition framework, with particular focus on the Digital Markets Act.
In a recent resolution, lawmakers urged the European Commission to ensure timely and effective enforcement of the rules designed to regulate large online platforms. The legislation aims to address concerns around market dominance and promote fair competition across the digital economy.
The discussions reflect ongoing concerns that delays in enforcement could undermine the framework’s effectiveness, particularly as major technology companies continue to expand their influence. Platforms such as Google, Apple and Meta are among those expected to comply with the new obligations.
At the same time, policymakers are balancing regulatory oversight with the need to maintain innovation and competitiveness. The debate forms part of a broader effort in the EU to strengthen digital governance and reinforce the region’s position in global technology markets.
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An ambitious target to generate $100 billion in annual cloud and AI revenue within five years has been set, as Alibaba seeks to counter slowing growth in its once-dominant e-commerce business.
The push follows a sharp deterioration in financial performance, with quarterly earnings plunging and revenue growth missing expectations. The results underscore growing urgency within the company to extract meaningful returns from its AI investments, which have so far required heavy capital outlays.
Central to the strategy is a shift toward monetisation, with the rollout of agentic AI services such as Wukong and price increases of up to 34% across cloud and storage products. Alibaba is positioning its AI and cloud division as its primary growth engine, aiming to replicate the momentum seen in recent quarters, when AI-related revenues expanded by triple digits.
However, competitive pressures are intensifying. Domestic rivals including Tencent are leveraging vast ecosystems such as WeChat to gain an advantage in agentic AI, while a new wave of players like DeepSeek, MiniMax and Zhipu are offering low-cost, open-source models that compress margins across the industry.
At the same time, Alibaba faces structural challenges beyond AI. Core businesses such as e-commerce and food delivery remain under pressure from aggressive competition, while rising operational costs – subsidies and promotions to attract users – continue to weigh on profitability.
Leadership uncertainty and ongoing restructuring add further complexity. With major investment commitments exceeding $50 billion and increasing competition from both domestic and global players, Alibaba’s ability to execute on its AI strategy will be critical in determining whether it can sustain long-term growth and regain market confidence.
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The FBI’s New York Field Office has warned that fraudulent tokens impersonating the agency are being airdropped to Tron wallets, with recipients threatened with ‘total block’ of assets unless they submit personal information via phishing sites.
At least 728 wallets were affected, some holding over US$1 million in USDT, when the warning was issued on 19 March.
The scam warns users that their wallets are ‘under investigation’ and instructs them to complete an online anti-money-laundering form. The FBI urged crypto holders to ignore these messages and avoid entering any personal data on linked websites.
Attackers exploit Tron for its fast and low-cost transactions, using bots to distribute tokens widely and generate spoofed addresses.
Impersonation scams have surged dramatically in 2025, with Chainalysis reporting a 1,400% year-over-year increase. Total crypto fraud losses are estimated at US$17 billion, with AI-assisted scams proving far more profitable than traditional schemes.
The FBI previously ran a blockchain sting using Ethereum tokens, resulting in indictments and the seizure of millions in assets.
The bureau encourages anyone who receives the fake FBI tokens to report the incident to the Internet Crime Complaint Centre to help combat ongoing crypto fraud.
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Visa has launched Agentic Ready, a global programme preparing the payments ecosystem for AI agents to initiate transactions for consumers. The programme builds on Visa Intelligent Commerce, the company’s framework for secure, AI-driven payment experiences.
The first phase, launching in Europe, including the UK, focuses on issuer readiness. Participating banks and financial institutions can test and validate agent-initiated transactions in controlled production environments, ensuring they remain secure, reliable, and scalable.
Visa’s trust layer integrates tokenisation, identity verification, risk controls, and biometric authentication to maintain consumer consent and protection throughout transactions.
Controlled testing with selected merchants allows issuers to gain practical experience of agentic commerce in real-world settings. Early participants, including Barclays, HSBC UK, Revolut, and Banco Santander, help Visa test and refine safe AI-driven payments across channels.
The programme advances Visa’s vision of AI-driven commerce, enabling flexible payments while keeping consumers in control. Expansion beyond Europe is planned, leveraging lessons from the initial rollout to accelerate agentic commerce globally.
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Meta has reversed its earlier decision to discontinue virtual reality support for Horizon Worlds, allowing the platform to remain available on VR headsets despite previous plans to prioritise mobile and web access.
The decision follows an internal reassessment of user engagement trends, which indicate limited adoption of VR-based social platforms.
While Horizon Worlds was once positioned as central to the company’s metaverse ambitions, demand has remained relatively low, raising questions about the long-term viability of immersive social environments.
Financial pressures also continue to shape strategy.
Meta’s Reality Labs division has recorded substantial losses since 2021, reflecting high investment in virtual and augmented reality technologies without corresponding commercial returns.
Industry data further suggests declining headset sales, reinforcing uncertainty around VR as a mainstream consumer platform.
In contrast, mobile usage of Horizon Worlds is growing faster. Increasing downloads point to broader accessibility and improved product-market alignment, though revenue generation remains limited.
As a result, Meta is prioritising mobile development instead of fully abandoning VR, maintaining a dual approach while seeking more sustainable engagement models.
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BTQ Technologies has deployed Bitcoin Improvement Proposal BIP-360 on its Bitcoin Quantum Testnet v0.3.0, marking the first live test of the proposal. The upgrade introduces a quantum-resistant transaction model, Pay-to-Merkle-Root, designed to strengthen Bitcoin’s long-term security.
BIP-360 focuses on mitigating a vulnerability linked to Taproot’s key-path spending mechanism, which can expose public keys on-chain. Such exposure may become a risk if future quantum computers are capable of exploiting cryptographic weaknesses using advanced algorithms.
The testnet adds new consensus rules, post-quantum signatures, and full transaction lifecycle testing. Faster one-minute block times and adjusted fee structures have been introduced to accommodate larger and more complex signatures.
Growing global attention on quantum threats adds urgency to the development. US, EU, and Canadian authorities are setting timelines for post-quantum cryptography to protect future system security.
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Broadcom is facing increased regulatory pressure in the EU following a formal antitrust complaint concerning changes to VMware licensing practices.
The complaint highlights growing tensions between large technology providers and European cloud infrastructure firms.
The filing, submitted by Cloud Infrastructure Services Providers in Europe, raises concerns that revised licensing models could significantly alter market dynamics.
European providers argue that the changes may limit flexibility, increase costs, and affect their ability to compete effectively in the cloud services sector.
At the centre of the dispute lies the broader issue of market concentration and control over critical digital infrastructure.
Industry stakeholders suggest that restrictive licensing conditions could reshape access to essential virtualisation technologies, which underpin a wide range of cloud and enterprise services across the EU.
Regulatory attention is expected to focus on whether such practices align with the EU competition rules, particularly regarding fair access and market neutrality.
The case emerges at a time when European policymakers are intensifying oversight of dominant technology firms and seeking to strengthen digital sovereignty across strategic sectors.
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