Metaverse is a virtual setup that binds different digital components like such as augmented reality (A, virtual reality (VR), cryptocurrencies, etc. It can form a digital network of people where they can interact with one another. This one supplies a virtual ecosystem in which users can socialize, shop, and participate in various activities.
The Dubai Virtual Assets Regulatory Authority (VARA) checks the virtual assets market in Dubai. VARA is responsible for regulating the rules and procedures to govern the trading of virtual assets.
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