The Bank of International Settlements (BIS) has published a report calling on regulators to “future proof” themselves against the adverse effects of an unregulated metaverse on the digital economy. The 31-page report warns that future money and virtual environments run the risk of “becoming fragmented and dominated by powerful private firms.” To counter this threat, The post BIS Warns Against Unregulated Metaverse: A Call to Prevent Fragmentation and Corporate Control appeared first on Cryptonews .