Dubai’s crypto regulator to launch metaverse headquarters in The Sandbox
Dubai’s Virtual Assets Regulatory Authority (VARA) announced plans on Tuesday to establish a metaverse headquarters in The Sandbox virtual world.
The MetaHQ would serve as its primary channel to engage Virtual Asset Service Providers across the globe to initiate applications, enable younger licensees to enter the metaverse, openly share knowledge and experiences with consumers and peer regulators to raise awareness, enable safe adoption, and drive global interoperability.