A bill to regulate some internet services in the UK - including activities on metaverlene - has passed through Parliament and is waiting for King Charles to approve it becoming law. In September. The UK government has said that the online security bill has passed the final debates in parliament and will become law soon in the country. Lawmakers have previously debated whether legislation aimed at protecting online users — especially children — could extend to virtual environments such as the meta universe. According to the government, the final version of the bill will require social media platforms to quickly remove illegal content or prevent it from appearing in the first place and focus on material deemed harmful to children. Companies must also post risk assessments to users detailing how problems with online security can be reported.If social media platforms do not comply with these rules, the [Communications Office] can fine them up to £ 18 million or 10% of their revenue.r global annual turnover, which is the largest - this means that the penalties imposed on the largest platforms can reach billions of pounds, he said.Some opponents of the bill have insisted on amendments ensuring the protection of end-to-end encryption, saying the legislation could provide a backdoor to the government and undermine users' privacy. In June, Apple reportedly stated that the version of the bill currently in effect poses a serious threat to surveillance, identity theft, fraud and data leaks.Meredith Whittaker, the head of the Signal Foundation, said in a message dated September 20 that the encrypted messaging app could leave the UK if the company was forced to create a backdoor in accordance with the guidelines of the Internet security bill. His statement followed the recent reading of amendments in parliament, in which MPs did not specify the protection for such encrypted services.Signal will never violate our promises about the privacy and encryption they trust. Our position remains firm: We will continue to do everything we can to insure peopleE in the UK can use Signal. But if the choice comes to building a backdoor or being forced to move, we get married and separate.The introduction of the Internet security Act took place on the same day that the House of Lords put forward the economic crimes and corporate transparency bill, which aims to combat crypto-related financial crimes in the United Kingdom. Mps will review the latest amendments to the legislation before it is passed, but the latest version looks set to give UK authorities more powers to investigate and seize cryptocurrencies used for illegal purposes.On September 1, a rule came into force that applies to crypto companies offering services to residents after trips to the United Kingdom are approved in countries such as the United States, Japan and Germany. The framework may require companies to stop certain crypto transfers from jurisdictions that do not yet comply with the travel rule.Magazine: How to protect your cryptocurrency in a volatile Sunday: Bitcoin supporters and experts weigh in