THE LEGAL REGULATION PROBLEMS OF RELATIONS IN THE METAVERSE

Abstract

Introduction. The article depicts the main problems on the way to the development and adoption of a single international legal act for the legal relations regulation in the Metaverse. Itʼs established that with the rapid humanity transition to the latest technologies, with the development of artificial intelligence and the emergence of the Metaverse concept, a set of new legal challenges arises that require an urgent solution. One of the most relevant problems in this context is the issue of legal regulation of relations within the Metaverse. The purpose of the study is to outline the problems on the way to the legal regulation of relations in the Metaverse.

Summary of research results. The article claims that the Metaverse offers great potential for the development of new forms of social interaction, business, entertainment, education and work. Virtual spaces where people can interact with their digital avatars discover opportunities for new ways of communication, but with these prospects a number of problematic issues appear. The issues related to the legal regulation of this phenomenon. It has been established that one of the main problematic issues in the Metaverse is the lack of clear international legal regulation and definition of jurisdiction. Itʼs known that a well-designed regulatory approach to the regulation of relations in the Metaverse has not been developed currently.

Conclusion. The author comes to the conclusion that the adoption of a single international legal act to regulate legal relations in the Metaverse is a prerequisite for ensuring their legal certainty, protecting users' rights, harmonizing legislation and fighting cybercrime. The adoption of a universal international normative legal act, which would regulate legal relations in the Metaverse, faces numerous challenges. The author establishes that the main obstacle in this context is the countries` belonging to different legal systems, and therefore, the main obstacle is the fact that they belong to different legal systems. Thatʼs why each state can demand to take into account its own national interests and legal norms. It was determined that disagreements in the issue of regulation of digital assets, cyber security and protection of personal data, as well as the probable lack of coordination of the interests of many countries, significantly complicate the adoption of a universal international act. It is noted that despite the difficulties associated with political and legal differences between states, the development and implementation of a single legal mechanism is a necessary condition for ensuring transparency and regulation of activities in the global digital environment.