[iNews24] Songdo Young Representative Attorney_How do Metaverse-related bills in the National Assembly differ?

Article posted in 2023-01-25 15:10:26 | VEAT

Law firm Veat’s opinions on the metaverse legal proposals featured in the iNews24 article “[IT돋보기] How do the metaverse-related bills introduced in the National Assembly differ?”

Regarding the regulatory approach to metaverse legal proposals, Mr. Songdo-yeong, Managing Partner, stated, “Given that it is expected to converge with various fields such as finance, healthcare, industry, logistics, and education, a self-regulatory approach driven by the private sector should be pursued according to the field, and the government should support appropriate self-regulation. We hope for a suitable alternative to be prepared during the National Assembly’s review process, considering that it is an early stage of the industry, and we need to draft legislation focusing on promotional elements rather than regulatory elements, and to refine the proposals through future revisions.

Law firm Veat’s deep insights and professional opinions are being provided as an expert attending the Metaverse Government Coordination Committee.

You can check the article where Mr. Songdo-yeong provided opinions on the metaverse legal proposals through the following link:

(Article Link: [IT돋보기]How do the metaverse-related bills introduced in the National Assembly differ?

Thank you.

Law firm Veat.