In the context of a globalised and interconnected world, there is a growing concern among policymakers regarding the protection of critical infrastructures, the safety and privacy of citizens, and the integrity of democratic institutions and processes. The concept of ‘digital sovereignty’ is becoming an increasingly prominent concern for governments across the globe. The advancement of digital technologies, along with the advent of AI, has intensified the global debate on technology governance and it has led to a growing consensus among stakeholders on the need for technology regulation. Concurrently, as the implications of disruptive technologies become more apparent, a notable shift in governance priorities has emerged in many jurisdictions and international fora. This paradigm shift advocates a human-centred approach with a focus on trust, the safety and security of citizens, and the alignment of technology with ethical standards. The ethical use of technology has become of paramount importance, coupled with equitable governance that seeks to establish a renewed social contract, ensuring a fair distribution of the benefits and costs associated with a digital transformation and in line with the UN Sustainable Development Goals.