UPDATE: After 24 hours of outrage on the internet, it has been confirmed that the law will be amended to exclude social media users. So we're good for now!
Video content creators in Malaysia beware. In the last few hours, apparently it has been announced that ALL video production in Malaysia, including user-generated content like this one, are prohibited unless you have a FINAS license, which is a filming license that costs RM50,000 (approximately 1.2 BTC or 51,600 HIVE) and requires creators to own a private limited company.
This is clearly censorship to the next level, as the government has full control of what we can or cannot say on the internet, regardless of whether the video is posted on a centralized or a decentralized video platform.
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