“Obviously right now, Metaverse is a buzzword. Everybody's talking about it, but he's basically saying that these spaces have to be regulated in the same manner as cryptocurrency. So I'm not sure what to make of that, but right now the PBoC is focused on that. Who knows, there could be more regulations on the way in those two potential ecosystems” notes Wang.
“If it's actually going to be something real, there's going to be regulation and note all of crypto over the course of the last year and a half alone,” exclaims McCullough.
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