Source: Tech – South China Morning PostThe Chinese Communist Party’s mouthpiece newspaper has issued a fresh warning about the metaverse, this time targeting speculators who engage in virtual property sales, saying they risk “getting burnt”.In a commentary published on Thursday, the People’s Daily said property sales in the metaverse resembled “product financialisation” and carried risks of volatility, fraud, illegal fundraising and money laundering.Conceptually, the metaverse promises a lifelike, immersive virtual world where…Read More