Meta called not to intervene in the http://crypto-currency.website/?p=303 regulation of the metavselnaya

META urged politicians to refrain from creating new rules governing the metavsel. This is written by Bloomberg.

According to the analytical document, many of the existing rules and norms will also be applied to activities in the metavsa. The head of the META financial policy department Edward Bowles said that regulatory authorities can “interfere with innovation” if they create a completely new legislation for virtual worlds.

META statements were made against the backdrop of the struggle of governments with the consequences of the collapse of the cryptocurrency exchange FTX. However, Bowles said that the document appeared long before the current crisis.

“I really urge people to very carefully consider the reaction to specific incidents, and not apply a universal approach,” he said.

The META document calls for the government and the private sector to work closely with any new rules that will appear in the future, as well as take a step back when the industry creates its own standards.

“Regulatory authorities must encourage visionary relations of cooperation with industry participants. Where they get together for collaboration in open forums, we urge the governments to consider how to support and accept standards, ”the document says.

Earlier, the head of the digital technology department of the European Union Margret Westagger called on the regulatory authorities to carefully study the metavselny. The French authorities also proposed to extend the rules for protecting the EU confidentiality to technology.

Recall that in October, Mark Zuckerberg confirmed the company’s rate on the metavselnaya.

In the same month, META reported on the losses of the unit of $ 3.7 billion.

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