UK - UK Online Safety Bill Passes Final Parliament Debate: Snapchat TikTok React | Benzinga
The Online Safety Bill recently passed its final Parliamentary debate and is set to become law in the U.K.
The move marks a pivotal moment in the nation's approach to online safety and the emerging metaverse.
This latest piece of legislation, likely to be discussed at the upcoming Benzinga's Future of Digital Assets conference on Nov. 14, places stringent duties on social media companies, ensuring they are held accountable for the content they host.
Also Read: Crypto Ethos Vs. Regulatory Compliance: Who Will Win The Battle For DeFi?
The bill's scope is comprehensive, covering not only traditional online platforms but also the rapidly evolving metaverse, ensuring that as digital realms expand, safety remains paramount — especially when it comes to protecting children.
Social media platforms that fail to swiftly address and remove illegal content or prevent children ...