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Regulating the Metaverse Economy: How to Prevent Money Laundering and the Financing of Terrorism

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Regulating the Metaverse Economy: How to Prevent Money Laundering and the Financing of Terrorism

English | 2023 | ISBN: 3031464168 | 112 Pages | PDF EPUB (True) | 5 MB

This open access book examines regulating an environment that has no jurisdiction, is fully anonymous and infinitely vast? Welcome to the Metaverse, an online virtual reality that is expected to add billions to the global economy. The Metaverse offers a new type of virtual economy with practically endless business opportunities. The question is how to prevent these opportunities from being abused to commit money laundering and finance terrorism (MLFT).