The authorities plan to spend billions to systematically support Metaverse-related industries and protect users' rights
South Korea's Ministry of Science and ICT (MSIT) announced new Metaverse regulations during a government briefing on Wednesday. According to the ministry, the new rules will encourage and precipitate widespread adoption of the Metaverse. This means that the South Korean Ministry of Science and ICT (MSIT) announced plans to move away from imposing traditional video gaming laws on the Metaverse.
MSIT stated at the first meeting of the National Data Policy Committee, "We will not make the mistake of regulating a new service with existing law."