TechFlow news: The European Parliament Committee has called on the EU to take a leading role in the development of virtual worlds in order to reduce dependence on non-European technologies. The committee adopted a report advocating for a metaverse strategy and emphasizing the need for a clear regulatory framework to support the development of virtual worlds.
The report states that the EU should take a leading role in this area to enhance the competitiveness of European businesses.
This move follows an important decision after the European Commission proposed its metaverse initiative earlier this summer.
The European Commission has already developed a strategy on Web4 and the metaverse, defining virtual worlds as "persistent, immersive environments based on 3D and extended reality (XR) technologies."
