Signal hints at leaving UK market following passage of online safety bill By Cointelegraph

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A bill aimed at regulating certain internet services in the United Kingdom, including activities in the metaverse, has passed through Parliament and awaits King Charles’ approval to become law.

In a Sept. 19 announcement, the U.K. government said the Online Safety Bill had passed through a final debate in Parliament and will become law in the country “soon.” Lawmakers had previously debated whether the legislation aimed at protecting users online — particularly focusing on children — could extend to virtual environments like the metaverse.