Institutions (not only financial ones) are beginning to look with interest at the world of the metaverse, and experiments aimed at achieving some kind of presence in virtual worlds are multiplying.
In particular, the United Arab Emirates is increasing its attention to the world of the Metaverse.
Dubai's Virtual Assets Regulatory Authority, the new regulator for cryptocurrencies and virtual assets, announced earlier this month that it has entered the metaverse after establishing its headquarters inside the SandBox, becoming the world's first regulator with a presence in the emerging digital space.
The Sandbox is one of the most popular crypto metaverses in existence and is based on the Ethereum blockchain.
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