Regulating the Metaverse

Metaverse is becoming mainstream and is used by more and more individuals and businesses. With a strong focus on doing business and investing in the virtual world, it isn’t easy to implement similar regulations applicable in the physical world. Although the metaverse might give the feel of the real world, it isn’t real. Protecting digital identity is the biggest concern. The lack of regulation in the metaverse raises serious concerns about ownership in digital spaces. This chapter will explore the risks faced by the users of metaverse and what regulators can do to make metaverse a safe place to do business.