Titlebook: Regulating the Metaverse Economy; How to Prevent Money Annelieke Mooij Book‘‘‘‘‘‘‘‘ 2024 The Editor(s) (if applicable) and The Author(s) 20

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2192-855X nalysis on upcoming issues with regard to virtual finance.Th.This open access book examines regulating an environment that has no jurisdiction, is fully anonymous and infinitely vast? Welcome to the Metaverse, an online virtual reality that is expected to add billions to the global economy. The Meta

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The Virtual Currency Schemes,e different currency schemes in relation to the physical economy. Based on this analysis this chapter continues in Sect. . by discussing the currency schemes in the Metaverse. This chapter will then conclude in Sect. . by analysing the virtual currency schemes of the Metaverse in relation to the rea

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Regulating the Technology (Placement),ey Laundering Directive. Section . examines the definition of entity under this Directive. It concludes that whilst the term entity is broadly formulated it creates risk by excluding the non-custodian wallets. Section . therefore discusses whether non-custodian wallets should be supervised or remain

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Currency (Layering),em into the legal economy. As stated in the introduction it is not possible to draw clear lines between the phases. Layering is conducted through a combination of anonymous wallets and unregulated currencies. The previous chapter has focused on virtual wallets, this chapter will therefore focus on t

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Non-fungible Tokens and Stateless Firms,ngible Tokens and the anonymity created by the Metaverse. Section . starts by discussing Non-Fungible Tokens (NFTs) and the specific risk for MLFT. It considers both the risks from a financial aspect as well as the risk it poses for transferring information. Section . discusses the concept of statel