European Union (EU) Exploring Metaverse Before Regulatory Measures

European Commission Vice-President Margrethe Vestager said the European Union (EU) is analyzing the metaverse for regulatory control and the potential actions needed.

Reuters‘Fame February 8 Denmark’s representative at the EU Commission vestager ‘ before deciding how EU officials will organize an online event’metaverse’ futuristic digital world known as they should understand better told.

Stating that the Metaverse is already on the agenda, vestager;

So we begin to analyze what the role of a regulator would be and what the role of our legislature would be.

made statements.

Vestager also underlined that the authorities need to better understand the metaverse in order to best decide on the regulations on the metaverse.

Everything we do should be based on facts and the information we can obtain. We need to understand it before we can decide which actions would be appropriate.

source site-9