CHAPTER 4

Who Is Behind It

Some countries started earlier than others to regulate and publish policies for the use or promotion of the Metaverse, mainly the United States, China, Japan, South Korea, and the United Arab Emirates (UAE). Most of them, like the Office of the National Coordinator for Health Information Technology in the United States and the UAE Securities and Commodities Authority (SCA), have mainly addressed questions related to Blockchain technology. Still, some countries like South Korea want to play an active role in the Metaverse industry. For such, the Korean Office of Technology and Standards started to consider the field of the Metaverse early in 2021.

Besides that, it is expected that the largest standards associations (e.g., ...

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