Regulate metaverse to prevent corporate takeover, fragmentation — BIS
Interoperable payment technologies supported by regulation will be needed to prevent the metaverse from becoming fragmented and dominated by powerful private interests, a study by the Bank for International Settlements (BIS) said. Interest in immersive computer-generated environments, otherwise known as the metaverse, peaked in early 2022, with Facebook changing its name to Meta. “It is not a foregone conclusion that the metaverse will achieve widespread adoption,” the BIS authors said.
✅ Official Metaverse and NFT Information Channel✅. Mark Zuckerberg changed Facebook’s name to Meta and announced the plan to create a new virtual world (Metaverse). Advertising request:. @Michae...
