This episode is brought to you by the Cloud Wars Expo. This in-person event will be held from June 28th to 30th at the Moscone Center in San Francisco, California.
Highlights
00:42 — Dubai’s virtual asset regulator, the Dubai Virtual Asset Regulatory Authority, better known as VARA, has announced plans to open up a headquarters in The Sandbox. This is a step forward in Metaverse governance.
00:58 — Essentially, this new headquarters location aims to develop what they call a ‘decentralized regulator model.’ VARA will act as a decentralized regulator and work on collaborating with other virtual asset service providers, other regulatory authorities, international regulatory authorities, and industry leaders involved in the decentralized finance space.
01:30 — While this is a really big step forward in terms of governance, Kieron contemplates how this could become a model for the future of diplomacy.
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