The EU Sets Its Sights on Metaverse Leadership
The Committee on the Internal Market and Consumer Protection of the European Parliament has voted in support of a report that highlights the development of virtual worlds, independent of countries outside the EU.
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The Committee on the Internal Market and Consumer Protection of the European Parliament has voted in support of a report that highlights the development of virtual worlds, independent of countries outside the EU.
This action is a part of Europe’s strategic plan to become a leading figure in the imminent digital revolution. The transition into Web4 and virtual worlds is to be directed by the EU’s own set of rules, principles, and moral values.
The report further urges the establishment of a solid regulatory foundation aimed at providing European companies with equal opportunities in the burgeoning field of the metaverse.
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