South Korea expands its efforts to regulate Metaverse.

South Korea has been very active in the Metaverse development since the beginning of 2022, teasing large investments and a regulatory framework.

And now, the country continues its immersion in Web3 and the Metaverse. After investing almost $200 million in the creation of its own metaverse ecosystem and publishing the “Metaverse Ethical Principles”, the country’s government is now preparing the Metaverse Industry Promotion Ac.

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