The UK will advance its national metaverse and Web3 strategy

ChainCatcher news, according to informed sources, the newly established UK Department for Science, Innovation and Technology will advance the national metaverse and Web3 strategy. Sources indicate that the department will not focus on specific technologies such as blockchain and virtual reality, but will look at potential economic growth opportunities, investments, and business models related to concepts like the metaverse and Web3, as well as the implications for regulation. (source link)