Share this article

UK Just Passed an Online Safety Bill That Will Apply to the Metaverse

The bill requires companies to assess the likelihood that children will encounter harmful content in virtual worlds and have measures in place to mitigate such risks.

Updated Sep 20, 2023, 11:42 a.m. Published Sep 20, 2023, 10:05 a.m.
United Kingdom Flag (Unsplash)
United Kingdom Flag (Unsplash)

U.K. lawmakers on Tuesday passed a new bill covering internet safety that will also apply to the metaverse.

The Online Safety Bill, introduced last March, includes requirements for companies to assess the likelihood of clients encountering illegal content and of children encountering content that could be harmful to them. Companies must also come up with ways to mitigate these risks, a requirement that is expected to boost both freedom and safety online, according to a government press release.

STORY CONTINUES BELOW
Don't miss another story.Subscribe to the State of Crypto Newsletter today. See all newsletters

As the metaverse – a collection of virtual worlds – grows, thanks in part to Facebook's grand rebranding to Meta, U.K. policymakers have viewed it necessary that the Online Safety Bill applies to virtual spaces.

“The metaverse is in scope of the bill, which, as noble Lords know, has been designed to be technology neutral and future-proofed to ensure that it keeps pace with emerging technologies,” Lord Stephen Parkinson, a member of the Parliament's upper house and minister at the Department for Culture, Media and Sport, said during a July debate on the bill.

It will now need to be approved by King Charles and will come into force immediately unless a later date is set.

Read more: UK's New Online Safety Bill Applies to the Metaverse, Lawmakers Agree

More For You

Protocol Research: GoPlus Security

GP Basic Image

What to know:

  • As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
  • GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
  • Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.

More For You

Coinbase files lawsuits in 3 states over attempts to regulate prediction markets

Coinbase CEO Brian Armstrong speaking to House Speaker Mike Johnson on July 18, 2025. (Jesse Hamilton/CoinDesk)

The crypto exchange is taking legal action against Connecticut, Michigan and Illinois, Chief Legal Officer Paul Grewal wrote on X.

What to know:

  • Coinbase sued Connecticut, Illinois and Michigan over the three states' attempts to regulate prediction markets.
  • The crypto exchange filed lawsuits to "confirm what is clear," Chief Legal Officer Paul Grewal wrote in a post on X on Friday: that prediction markets fall under the jurisdiction of the CFTC.
  • Prediction markets enable users to speculate on the outcome of future events by buying shares in contracts pegged to the potential results.
  • State gaming regulators are flexing their muscles to prevent such services being offered on the basis they are a form of gambling.