The growing capacity for crime in the metaverse has primed it for regulation, according to a recent report.

Corporations have already begun to explore the potential of the metaverse for new economic opportunities, according to crypto researcher Elliptic Connect. In addition to increasing Google searches for ‘metaverse’, Elliptic’s recent report also highlighted Facebook’s recent rebranding to Meta.

The report acknowledged that, like Meta, many companies struggle to find an immediately profitable use case for the technology. However, it found that at least 58% of those surveyed expected the metaverse to provide some business opportunity for their business in the next five years. Additionally, Citibank predicts that the metaverse will be worth up to $13 trillion by…