Market
Which platform will first obtain Malaysia's license by end of 2025?
2
Resolution / Starting Odds
Facebook • 13%
TikTok • 13%
WhatsApp • 13%
Instagram • 13%
X (Twitter) • 13%
YouTube • 13%
Telegram • 13%
WeChat • 13%
Official announcements from the respective platforms or the Malaysian government
Story
Malaysia Requires Licensing for Facebook, TikTok, WhatsApp, Instagram, X, YouTube, Telegram, and WeChat by Next Year
Dec 20, 2024, 10:23 AM
The Malaysian government has announced that eight social media and online messaging platforms will be required to obtain a license by next year. The identified platforms include WhatsApp, Facebook, Instagram, X (formerly Twitter), YouTube, Telegram, WeChat, and TikTok. This move comes amid growing resistance to the government's plans to regulate the digital landscape, as reported by the New Straits Times. The licensing requirement aims to enhance regulatory oversight of these platforms, which are increasingly influential in the region.
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More than 10 • 25%
7-10 • 25%
6 • 25%
Less than 6 • 25%
Google maintains market share • 25%
X maintains market share • 25%
TikTok gains significant market share • 25%
WeChat gains significant market share • 25%
Abu Dhabi-based entity • 25%
Other • 25%
None • 25%
Binance • 25%
Other • 25%
Kraken • 25%
Coinbase • 25%
Binance • 25%
Applies for license • 25%
Partners with licensed entity • 25%
Continues without license • 25%
Withdraws from Malaysia • 25%
Top 50 • 25%
Below Top 50 • 25%
Top 20 • 25%
Top 10 • 25%