BIS Warns Against Unregulated Metaverse: A Call to Prevent Fragmentation and Corporate Control
1 year ago
30
The Bank of International Settlements (BIS) has published a report calling on regulators to “future proof” themselves against the adverse effects of an unregulated metaverse on the digital economy. The 31-page report warns that future money and virtual environments run the risk of “becoming fragmented and dominated by powerful private firms.” To counter this threat, […]
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