Malaysia to require social media platforms to enforce age limit for users, says Fahmi

SIPITANG: Malaysia will soon require all social media platforms to implement “electronic Know Your Customer” (eKYC) identity verification to ensure users under 13 do not own accounts. Communications Minister Datuk Fahmi Fadzil said the move aims to protect children online and ensure that community guidelines set by the platforms are properly enforced. "When I met representatives from...

Bitcoin is a bubble: Charles Bobrinskoy warns of speculative Bitcoin pump

Charles Bobrinskoy of Ariel Investments has warned that Bitcoin is a momentum-driven bubble, predicting an imminent price decline as regulatory and market sentiment shift. Bobrinskoy issued this stark warning about Bitcoin btc-3.12%Bitcoin, labeling the cryptocurrency a “get-rich-quick scheme” driven by momentum rather than intrinsic value. Speaking on CNBC’s The Exchange, Bobrinskoy expressed concerns about Bitcoin’s reliance on minimal regulatory oversight, which...