[ad_1] © Reuters. FILE PHOTO: A customer is pictured in entrance of an immersive artwork set up titled “Machine Hallucinations — House: Metaverse” by media artist Refik Anadol, which will probably be transformed into NFT and auctioned on-line at Sotheby’s, on the Digital Artwork Truthful, in BEIJING (Reuters) -China’s banking and insurance coverage regulator issued a warning on Friday towards utilizing the metaverse as a instrument for unlawful fund-raising, amid widespread curiosity within the nation’s non-public sector. The China Banking and Insurance coverage Regulatory Fee mentioned in a press release printed on its web site that some firms have been…