UK Lawmakers Propose Extending Online Safety Bill to Include the Metaverse

TL;DR Breakdown

  • UK lawmakers are debating whether the Online Safety Bill should cover activities in the metaverse to protect children and vulnerable individuals from harmful content.
  • The proposed legislation would extend regulatory measures to virtual environments, addressing potential risks like harassment and privacy violations.

Description

In a recent session of the UK Parliament, members of the House of Lords engaged in a lively discussion concerning the scope of the Online Safety Bill and its potential application to the metaverse. The lawmakers expressed concerns about protecting children and vulnerable individuals from harmful content that they may encounter in virtual environments. Many … Read more

In a recent session of the UK Parliament, members of the House of Lords engaged in a lively discussion concerning the scope of the Online Safety Bill and its potential application to the metaverse. The lawmakers expressed concerns about protecting children and vulnerable individuals from harmful content that they may encounter in virtual environments. Many emphasized the importance of including the metaverse within the bill’s regulatory framework, aiming to address the potential risks associated with this emerging technology. The discussion highlighted concerns about the importance of comprehensive regulation for emerging virtual environments.

Debates Extending Online Safety Bill to the Metaverse

The Online Safety Bill, currently under review in the House of Lords, is designed to regulate various internet services and protect users from harmful content. As the metaverse continues to gain popularity, lawmakers recognize the need to address potential risks associated with children’s online activities within these virtual environments. Member Timothy Clement-Jones asserted that failing to include the metaverse in the bill’s scope would result in neglecting the safety of children and vulnerable adults.

During the debate, member Stephen Parkinson suggested that the bill’s coverage should extend beyond traditional forms of online communication, such as text and images, to include virtual objects and avatars. This comprehensive approach would ensure that any potential harm, including harassment and privacy violations, is adequately addressed across all facets of the metaverse.

Lawmakers are actively considering including the metaverse in the Online Safety Bill to protect children and vulnerable individuals. This comprehensive approach would address potential risks like harassment and privacy violations, ensuring safety within virtual environments and fulfilling their duty to safeguard users.

Global Efforts to Regulate the Metaverse

As governments worldwide grapple with the challenge of regulating online activities, the metaverse presents a new frontier that demands attention. While legislation and oversight practices differ between countries, policymakers are actively exploring ways to protect users within virtual environments.

In the United States, advocacy groups have urged Meta, a leading company in the metaverse space, to implement measures preventing minors from accessing their metaverse platform, Horizon Worlds. These organizations express concerns about potential harassment and privacy breaches targeting young users.

In the UK, the Online Safety Bill is set to undergo further debate in the House of Lords on July 17. If passed, the bill would proceed to a third reading before final amendments and ultimate implementation into law. Lawmakers are committed to ensuring that the legislation encompasses the metaverse, emphasizing the need to safeguard children and vulnerable individuals from harmful content and unwanted experiences.

Conclusion

As the metaverse continues to evolve, governments worldwide are grappling with the challenge of regulating online activities within virtual environments. In the United Kingdom, lawmakers are actively discussing the extension of the Online Safety Bill to include the metaverse, driven by concerns regarding children’s online activities. By broadening the bill’s scope to encompass virtual environments, policymakers aim to protect users from potential harm, ensuring the safety of children and vulnerable adults. The bill’s progress in the House of Lords and the ongoing dialogue surrounding it demonstrate the commitment of UK lawmakers to address emerging challenges in the digital realm.

Disclaimer. The information provided is not trading advice. Cryptopolitan.com holds no liability for any investments made based on the information provided on this page. We strongly recommend independent research and/or consultation with a qualified professional before making any investment decisions.

文章来源于互联网:UK Lawmakers Propose Extending Online Safety Bill to Include the Metaverse

Disclaimers:

1. You are solely responsible for your investment decisions and this info is not liable for any losses you may incur.

2. The copyright of this article belongs to the writer, it represents the writer's opinions only, not represents the site's ones. Not financial advice.

Previous 2023年7月14日 17:29
Next 2023年7月14日 19:42

Related articles

  • Panoptic founder Lambert warns UniV3 LPs are losing millions each year

    TL;DR Breakdown Guillaume Lambert, the founder of Panoptic, has warned against providing liquidity in UniV3, saying that liquidity providers are losing millions per year. Lambert said that he and his team at Panoptic are working on solutions to address these issues. Description In a recent Twitter thread, Guillaume Lambert, the founder of Panoptic, has warned against providing liquidity in UniV3, saying that liquidity providers(LPs) are losing millions per year. Lambert addressed concerns about potential losses and demystified the concepts of Impermanent Loss (IL), Loss-versus-rebalancing (LVR), Just-in-time (JIT) liquidity, and Miner Extractable Value (MEV). The Panoptic founder emphasized … Read more In a recent Twitter thread, Guillaume Lambert, the founder of Panoptic, has warned against providing liquidity in UniV3, saying that liquidity providers(LPs) are losing millions per year. Lambert addressed concerns about potential losses and demystified the concepts of Impermanent Loss (IL), Loss-versus-rebalancing (LVR), Just-in-time (JIT) liquidity, and Miner Extractable Value (MEV). The Panoptic founder emphasized that understanding LPing as an options trading approach could lead to successful outcomes for retail-level LPs. Lambert offers solutions to LPs Lambert explained that IL…

    Article 2023年8月6日
  • Aave Protocol Launches GHO Stablecoin on Ethereum Mainnet with $2M Minted

    TL;DR Breakdown Aave Protocol has launched GHO, an algorithmic stablecoin, on the Ethereum mainnet. GHO is a decentralized and transparent stablecoin backed by multiple digital assets, ensuring stability and security within the Aave Protocol. GHO aims to revolutionize the stablecoin market by providing verifiability of reserves and utilizing self-executing smart contracts. Governance of GHO is entrusted to AAVE Description Decentralized finance (DeFi) platform Aave has recently unveiled its new stablecoin, GHO, on the Ethereum mainnet. GHO is an algorithmic dollar-pegged stablecoin designed to provide stability and transparency to the DeFi ecosystem. With over $2.19 million worth of GHO minted already, Aave aims to revolutionize the stablecoin landscape through its decentralized and over-collateralized approach. This … Read more Decentralized finance (DeFi) platform Aave has recently unveiled its new stablecoin, GHO, on the Ethereum mainnet. GHO is an algorithmic dollar-pegged stablecoin designed to provide stability and transparency to the DeFi ecosystem. With over $2.19 million worth of GHO minted already, Aave aims to revolutionize the stablecoin landscape through its decentralized and over-collateralized approach. This article delves into the launch of GHO, its…

    Article 2023年7月17日
  • Top crypto tweets of the day – May 22nd

    Contents hide 1 Can Ledger Recover allow recovery of Bitcoin private keys in the event of a subpoena? 2 Hotbit announced the suspension of operations today 3 Bitcoin Pizza Day: 10,000 BTC for 2 Pizza 4 The Tornado Cash attacker obtains a total of 483,000 TORN from the governance vault 5 Dubai to house first Bitcoin tower 6 BTC Realized Price just reached a 5-month high of $20,160.92 7 Australian Stock Exchange (ASX) ditches plans to rebuild its software platform with blockchain 8 Gemini: DCG did not pay the approximately $630 million that came due last week 9 Coinbase pushes TV Campaign in DC 10 Binance’s market share plunged over 10% in March Can Ledger Recover allow recovery of Bitcoin private keys in the event of a subpoena? Ledger CEO, Pascal Gauthier, explains that Ledger Recover would give the state the ability to recover your #Bitcoin private keys in the event of a subpoena. pic.twitter.com/KWaXcgtMqr — The ₿itcoin Therapist (@TheBTCTherapist) May 22, 2023 Hotbit announced the suspension of operations today Just In: Hotbit, an exchange with 5 million users, announced…

    Article 2023年5月24日
  • SEC reveals intention to appeal court decision in XRP lawsuit

    TL;DR Breakdown The United States SEC has announced plans to appeal the recent court ruling in the XRP lawsuit. Implications of the appeal as the legal battle continues. Description The United States Securities and Exchange Commission (SEC) has revealed its intention to challenge a recent court ruling that determined XRP, a cryptocurrency, may not inherently qualify as a security. In response, the agency is seeking an interlocutory appeal, aiming to secure a review of the court’s decision while the case remains ongoing. SEC seeks … Read more The United States Securities and Exchange Commission (SEC) has revealed its intention to challenge a recent court ruling that determined XRP, a cryptocurrency, may not inherently qualify as a security. In response, the agency is seeking an interlocutory appeal, aiming to secure a review of the court’s decision while the case remains ongoing. SEC seeks interlocutory appeal in the XRP lawsuit The move by the regulatory body overseeing financial matters in the country is in response to a ruling made by Judge Analisa Torres last month. Judge Torres concluded that certain sales of…

    Article 2023年8月11日
  • HSBC’s H1 net profit more than doubles – What’s next?

    TL;DR Breakdown HSBC’s net profit more than doubled in the first half of 2023, reaching $18.1 billion, driven by strategic decisions and higher net interest income. The bank’s board approved a second interim dividend and a $2 billion share buyback, and the CEO expects to exceed pre-pandemic dividend levels by year’s end. Description The financial world is always on the lookout for a success story, and HSBC’s latest report is nothing short of triumphant. As Europe’s largest bank by assets, HSBC’s net profit soared to a staggering $18.1 billion in the first half of this year, a leap that more than doubled the $9 billion from the same … Read more The financial world is always on the lookout for a success story, and HSBC’s latest report is nothing short of triumphant. As Europe’s largest bank by assets, HSBC’s net profit soared to a staggering $18.1 billion in the first half of this year, a leap that more than doubled the $9 billion from the same period in the previous year. But what’s next for HSBC? The answer is a…

    Article 2023年8月2日
TOP