Editor’s Note: With so much volatility in the market, stay on top of the daily news! Get up to speed in minutes with our quick roundup of the news and expert opinions you need to read today. Sign up here!

(Kitco News) – The UK continues to step up its efforts to develop a regulatory framework around the rapidly growing digital asset space, with the latest comments from regulators aimed at policing the Metaverse.

Melanie Dawes, chief executive of UK media regulator Ofcom, spoke at an event in London hosted by policy consulting group Global Counsel on Tuesday, where the media watchdog issued a warning to companies including Meta and Microsoft that , instead of allowing them to self-regulate, they will be subject to upcoming rules that force platforms to protect users online…