China take steps to manage data security and curb speculation in the metaverses
The National People’s Congress has decided to introduce urgent measures to regulate the metaverse to manage data security and curb speculation as the industry develops. The tasks of introducing government supervision and regulation, managing data security, and curbing speculation in the metaverse were explored at the national level during the National People’s Congress in early March. The “Metaverses” have come under government scrutiny after telecommunications conglomerates Tencent, ByteDance, NetEase and Baidu have been active in…
