PriyahtarshniV

bf9cd185391c5b94806192fa55c50da61d36cffd1b2393b9fd6adb7924dcbf64

Young Money Idea

Communication

Entertainment

Education

Students

YouthMoney

Advertising

Marketing

PublicRelations

SocialMedia

Influencer

The Industrial Revolution 4.0 is changing lives, work and even communication. Immersive technology adaptation in daily routines shows how the paradigm shift takes place. Then, humans are the most reliable workforce one could hire and indeed a highly utilized manpower too. However, presently technology and digitization are changing our lives completely to an unimaginable dimension. Human manpower is being replaced to products of Artificial Intelligence (AI). Thus, how are we supposed to ensure our sustainability? By the year 2025, more tech advancements like internet of things (IoT), virtual and augmented reality, advanced robotics, etc are highly expected to dominate the market.
In context of communication, many questions may rise on the go and does that mean communication students do not have their future promised? Does that mean their degree is useless? Don&rsquo;t gasp or groan, because there is no such thing!
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1628503578/unsigned/fwo4w7qkxyghzixkxca1.gif" alt="" width="500" height="200" />Source:&nbsp;<a href="https://giphy.com/explore/flamingo-social-media-services">Giphy</a>
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Communication studies isn&rsquo;t a new phenomenon as it has been nearly 43 years since the programme was offered in Malaysia and its importance keeps increasing every year. It all started when the public universities in Malaysia pioneered the communication and other related studies to the local students, followed by private institutions. The range of studies then grew wider, and its branches were diversified.
Technically, communication is not a stand-alone element as it infuses itself in almost all aspects. In this context, the amalgamation of communication and media is imperative as it is able to transfer knowledge and affects behavioural changes of the public. Theoretically, media approach had evolved so much as presently it is all about digitization.
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1628503689/unsigned/dxavigk1d2ekcj5jwkua.jpg" alt="" width="500" height="150" />Source:&nbsp;<a href="https://giphy.com/explore/flamingo-social-media-services">Giphy</a>
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Right, back to the question, &lsquo;is my degree useless?&rsquo; and &lsquo;am I replaceable?&rsquo; or &lsquo;will my skills be irrelevant, one day?&rsquo;.&nbsp;
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1628503850/unsigned/ovdkypkfincdubqpv5og.png" alt="" width="500" height="250" />Source:&nbsp;<a href="https://me.me/i/when-you-graduate-from-college-and-your-degree-is-useless-ff96a8a64d544e8b98758bd9d7549322">MEME</a>
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The answer is no. Have some chills. Communication is a tool, not an industry that would be shut down one day. It acts as a mean, support system to keep media, public relations, and other creative/professional industries alive. The dependency of media on communications increases the importance of communications way higher. Got the answer? We have more.
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1628503928/unsigned/x8drhlzs8kjmedeahqvw.jpg" alt="" width="500" height="200" />Source: <a href="https://www.google.com/url?sa=i&amp;url=https%3A%2F%2Fsmallbusiness.chron.com%2Fdifference-between-marketing-advertising-25047.html&amp;psig=AOvVaw3_pBSrRHGSKfX-x0bUZpbm&amp;ust=1628566343711000&amp;source=images&amp;cd=vfe&amp;ved=0CAsQjRxqFwoTCPDU44KBo_ICFQAAAAAdAAAAABAE">SmallBusiness.com</a>
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As media digitization continues to grow, in the next five years, talents of communication shall be consistently recruited. Here is why I say so. Social media, we name it, its usage and purposes have evolved so much, now we couldn&rsquo;t imagine our lives without it. From buying your favourite snacks to connecting with your favourite people, sharing opinions, and finding like-minded opinions, social media assimilates in our lives completely. This is a basic example of media digitization.
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1628503991/unsigned/fxoilikkka7vjsjgryea.gif" alt="" width="500" height="350" />Source:&nbsp;<a href="https://giphy.com/explore/flamingo-social-media-services">Giphy</a>
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Moving to deeper insight, high importance of social media in human lives have brought in the emergence of social media influencers? Yet again, communication plays a key role here. What do these social media influencers do? All we see is they talk, promote, sell products on social media platforms. Most of us do have our favourite set of social media influencers and sometimes we just buy things they sell/promote just because we adore them (most people are guilty of doing this, hehe).
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1628504089/unsigned/jpntvylg2a1hmyqufbxe.gif" alt="" width="500" height="300" />Source:&nbsp;<a href="https://fistbumpmedia.com/blog/business-strategy/social-media-marketing-strategy/become-social-media-influencer/">fistbumpmedia.com</a>
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But wait! What they really do? Social media influencers influence people in terms of business, livelihood, politics, opinions and entertainment. They don&rsquo;t just sell products in there, but they sell their opinions too. Here is where the subtle non-verbal communication takes place.
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1628504191/unsigned/gzx6kbvmeizdiz5pxedu.gif" alt="" width="500" height="200" />Source: <a href="https://www.google.com/url?sa=i&amp;url=https%3A%2F%2Fgiphy.com%2Fexplore%2Fthink&amp;psig=AOvVaw2e0wEjzCvSLx95N2BXfGjs&amp;ust=1628566542045000&amp;source=images&amp;cd=vfe&amp;ved=0CAsQjRxqFwoTCNCMudqBo_ICFQAAAAAdAAAAABAD">Giphy</a>
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Having technology infused in almost everything, communication is certainly a key element that constantly undergoes changes. Creative industries that communicate ideas to people also come under the roof of media digitization. Advertising companies as an example shall make use of the tech advancements to produce more engaging advertisements to promote a product/service/idea. This is an exemplary approach on how students with degree in advertising can make use of the media digitization and make profit out of it.
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1628504282/unsigned/nmhdtwcbl5gpxn7fcd86.gif" alt="" width="500" height="300" />Source:&nbsp;<a href="https://www.pinterest.com/">pinterest.com</a>
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Combination of education, communication and digitization is always a success combination as these elements induce more creative yet profitable possibilities. Thus, students with their communication degrees will continuously stay relevant because they are the thinkers, they set the rules, they invent new things, and they are the policymakers.
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1628504375/unsigned/cdyvmox27p7fntw4ymeb.png" alt="" width="500" height="300" />Source: <a href="https://www.upsi.edu.my/">UPSI Malaysia</a>
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As for people who are less educated, they will just become the end users of products, follow the rules that has been set and hop from one social media platform to another.
Certainly, media digitization is growing huge from time to time and yes, that means you need upgrades too. Existence of digital learning elevates one&rsquo;s opportunity to constantly upskill himself. Upskilling consists self-exposure on profitable online courses, strategic ventures into social media marketing, understanding the success algorithm of social media marketing and way many more.
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1628504465/unsigned/unyxmntctudwsgipqpmj.gif" alt="" width="500" height="300" />Source:&nbsp;<a href="https://www.google.com/url?sa=i&amp;url=https%3A%2F%2Fnsman.safra.sg%2Fheres-why-you-need-to-upskill%2F&amp;psig=AOvVaw0mHFMkwOueu7sj8G4mWVY0&amp;ust=1628566674554000&amp;source=images&amp;cd=vfe&amp;ved=0CAsQjRxqFwoTCLjoy56Co_ICFQAAAAAdAAAAABAR">eNSman-SAFRA</a>
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Zoom, Google Meet and Microsoft Teams are always there for your work/learn from home. What&rsquo;s your excuse? The goal is to learn and of course not to forget, make some money too. These skills are remarkable money-making strategies that many elites have opted to generate side incomes. Now, you can do it too!
Finishing it off with a fun fact. Communication studies comprise Human, Intercultural, Organizational, Marketing, Corporate, etc. There is countless genre of communications that still need exposure and hey people need you for that! So, have no fear, boost your creativity, always be thirsty for knowledge, add a dash of tech skills and voila! You are good to go.
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1628504547/unsigned/yvprlbljvoovgbbtiecm.gif" alt="" width="500" height="250" />Source:&nbsp;<a href="https://www.google.com/url?sa=i&amp;url=https%3A%2F%2Fwww.pinterest.com%2Fpin%2F624593042056277963%2F&amp;psig=AOvVaw27ZQR5DwUnk-kwLxr5Ehlu&amp;ust=1628566852909000&amp;source=images&amp;cd=vfe&amp;ved=0CAsQjRxqFwoTCNDDsu-Co_ICFQAAAAAdAAAAABAQ">Pinterest</a>
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Credits to <a style="color: #e03e2d;" href="https://steemit.com/">Steemit</a> for the cover picture.&nbsp;

How will the Communication Industry change in the next 5 years? Will my degree be useless?

23a9d17d2b738046efc88fb99b8b2dc63723f88367aff7720a59eb301c681ece

Mass Comm or Language Students-Doomed or Super Rich by 2025?

With modern times now, there&rsquo; been a lot of businesses being done fully online now and less people have been going to ATMs and using cash outside.
Businesses such as micro, small and medium enterprises (MSMEs) should also adopt start adopting cashless transactions as it&rsquo;s fast + safe said Prime Minister Datuk Ismail Sabri Yaakob.
<img src="https://cdn1.myc.com.my/image/upload/v1650268399/unsigned/s515ljghlqrxw4aq3kuz.webp" />
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The Covid-19 pandemic had encouraged many methods of cashless payment and it&rsquo;s become common for many to not bring their wallets or cash out. In 2021 alone, ecash transactions alone amounted to RM50.5 Billion in comparison to RM29.6 Billion in 2020 he said.
&ldquo;This is the main reason why the ePemula programme is introduced. We want to encourage youth to embrace cashless transaction,&rdquo; he said when launching the ePemula initiative.
EPemula is another ecash programme set to benefit some two million youths and students in institutions of higher learning.
Under the programme, eligible youths between 18 and 20 as well as full-time students in institutions of higher learning will be given RM150 in ecash.
<img src="https://cdn1.myc.com.my/image/upload/v1650268411/unsigned/r7qbatwoxeu2qjrw1g7h.png" />
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Another factor for the introduction of the Epemula programme is to help ease the financial burden of the youth.
&ldquo;We hope youths will spend the credit given to them wisely and support local businesses, especially the micro, small and medium scale industry so that these businesses can recover.
&ldquo;With more businesses back on track, there will be more revenue for the government and more people, especially the B40 group, can be assisted,&rdquo; he added.
Youth is an important part of nation-building
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1650268424/unsigned/udwlcqcrbrzcpqazs411.jpg" />
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With many youths out there today, it&rsquo;s important to support them as they play a big role on how our country develops. Ismail Sabri also says that they need to be given opportunities to chart Malaysia&rsquo;s future.
The government will be drafting the National Youth Economic Empowerment Plan to further strengthen their roles in the development of the country.
Increasing number of businesses using ewallets
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1650268448/unsigned/y7bzv9untdxoozc8ko0z.webp" />
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Finance Minister Tengku Daruk Seri Zafrul Tengku Abdul Aziz mentioned that more shops have begun accepting payments via ewallets due to the pandemic.
Malaysia recorded a 60% increase in registrations for ecash, Duit Now and QR code transactions as of December 2021. Cashless transactions went up by 74.4% compared to 2020 as 1.1 billion such transactions were made in 2021.
Through the Epemula programme, Zafrul hopes that ecash payments will remain and support more digital financial initiatives.
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*Sources: Visual and Reference Credits to Social Media, The Star &amp; various cross references for context.
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In addition to going cashless, the ePemula programme was launched to enable youths to embrace more cashless transactions. 

2fde8740e45b5d0796241278955a706d3bf7ea46b499f876a85677227788a2d3

"Go Cashless!" Prime Minister Encourages Malaysians

It&rsquo;s been more than 2 years since the lockdown and things are still looking bad.
Malaysians are not the only one suffering from bad economy but in fact almost all of Asia and even other regions of the world are all suffering from the post pandemic phase.
If there&rsquo;s one thing that everyone can feel is the increase of goods whether it being daily necessities or even food.
<img src="https://cdn1.myc.com.my/image/upload/v1649913009/unsigned/st2qviicbul4x5hpiukq.jpg" />
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A famous hotpot restaurant in Beijing known as Ma Hong&rsquo;s Spicy Hotpot had been struggling to stay afloat since their opening in 2021. Due to the pandemic, the prices of beef had tripled and key ingredients now costing more than 50% of their original price.
"We sell it at the same price as before. Also with the impact of the Covid-19 pandemic, everybody is hanging in there. It is the same all over Beijing. We are not the only restaurant suffering," said the owner of the restaurant.
<img style="display: block; margin-left: auto; margin-right: auto;" src="https://cdn1.myc.com.my/image/upload/v1649913055/unsigned/icomoa596jiayx7kkw4d.png" />
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Many Asian restaurants including street food hawkers are now having an issue if they should just take the hit of the higher cost or passing them on which could risk them losing loyal customers.
Ukraine &amp; Russia war affecting supply chain
<img src="https://cdn1.myc.com.my/image/upload/v1649913078/unsigned/qowealpntzpzqhx9q8xf.webp" />
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With the war going on, it certainly didn&rsquo;t help the fact that the price of ingredients and materials had increased and affected the supply chain which was already struggling since the Covid-19 pandemic.
Let&rsquo;s put Asia to perspective, there are many stalls which sell delicious street food at an affordable price. It became popular to many households but with the price of goods increasing, many are feeling the pressure of expense usage.
In an interview with an owner of a biryani store in Kranchi, Pakistan, Mohammad Ilyas states that the price of a kilogram of the seasoned rice dish is costly as it&rsquo;s now 400 Pakistani rupees (~RM9.26).
<img src="https://cdn1.myc.com.my/image/upload/v1649913096/unsigned/gxqvlnhldf6he5miquyt.jpg" />
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Ilyas also noted that some businesses are dealing with the pressure of cutting portion sizes due to the expensive cost. A dish which was meant to be affordable to many had inflated so much that the poor can&rsquo;t afford to eat it.
Meanwhile in Jakarta, a nasi goreng street vendor, Syahrul Zainullah had to unfortunately reduce the size of his servings instead of raising the price. He also didn&rsquo;t want to opt out for lower grade ingredients in fear of losing the taste that many like.
<img src="https://cdn1.myc.com.my/image/upload/v1649913109/unsigned/mu8xa2ndxbpgc0mwbwv1.jpg" />
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Meanwhile al the way up in South Korea, inflation of vegetables has been hitting many sellers hard. Choi Sun-hwa who&rsquo;s a 67-year-old kimchi shop owner had shared that she used to be able to get 10 heads of cabbage for a particular price and now with the inflation, she only received 7.
<img src="https://cdn1.myc.com.my/image/upload/v1649913136/unsigned/hfmasicmidfqlbd4aumg.jpg" />
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Kimchi is a spicy fermented cabbage which is a highly popular side dish in South Korea which is generally free with every meal at eateries. One customer at Chio&rsquo;s store even joked that they should rename kimchi to &ldquo;keum-chi&rdquo; as keum stands for gold in Korean.
If the price of goods keeps increasing, Choi says that she won&rsquo;t likely be able to continue running the business if she can&rsquo;t raise prices.
Change of eating habits
<img src="https://cdn1.myc.com.my/image/upload/v1649913146/unsigned/ahjglyidmtovqt8lr1xo.jpg" />
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Back then, you&rsquo;ll likely see a lot of people going out to restaurants and enjoying a meal together with family and friends or perhaps maybe alone for some &ldquo;me time&rdquo;.
Due to the cost of goods being expensive, many have now opted to limit eating out and start cooking at home more. Some even comment the days where we can buy many items with RM150 at grocery stores and nowadays, you can barely get anything.
In fact, drinks are sometimes more expensive than food too which makes many people think twice before spending.
Honestly, I do hope that the economy would recover cause at this rate, fresh grads who just got jobs will really suffer to get their daily necessities especially if they live away from their parents. They&rsquo;ll need to think of rental, maintenance fees, petrol and many more things.
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*Sources: Visual and Reference Credits to Social Media, The Edge, Reuters &amp; various cross references for context.
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Due to the pandemic and war, many had resorted to either cutting their servings, increasing price or just trying to soldier through the inflation.

e1f051de671aaa127e33f06ea81e865a49145d67db2180510cf3f57573b79eab

#Mahal : Inflation Of Goods Getting Out Of Hand?

Are you a crypto enthusiast? Well, it seems like there may be opportunities for you coming soon here in Malaysia.
Crypto.com which is a cryptocurrency exchange app which is based in Singapore appears to be expanding it&rsquo;s workforce into Malaysia. According to a report by Rnggt, the company had released several vacancies for a full-time position in their company on LinkedIn.
For those who don&rsquo;t know about crypto.com, their app serves as a one-stop platform for users to access, buy, manage and sell their different types of cryptocurrency. In fact, the company also offers users a Visa prepaid card of varying tiers which allows users to spend their cryptocurrency under the company&rsquo;s own CRO native token.
<img src="https://c.tenor.com/Cc2EQtVXcTUAAAAC/how-interesting-coffee.gif" />
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Recently, the app had launched their NFT Marketplace where users can showcase their artwork or even buy and sell items.
What are the available positions in the company?
<img src="https://cdn1.myc.com.my/image/upload/v1648539118/unsigned/ftftrfnilzyspbfgjmud.jpg" />
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Currently, one of the higher positions in offer would be the General Manager position where they will have to plan out the company&rsquo;s strategy, introduction and many more. Aside from that, there are management-based roles, talent acquisition, android app development, creative growth and many more.
On a side note, there&rsquo;s no saying if the jobs will require you to be in office as of now as we don&rsquo;t know if the company plans to open up a local office. The current jobs on offer are all listed as a remote job so you can be anywhere to do it as long as you have decent internet connection.
<img src="https://i.pinimg.com/originals/fd/a7/c0/fda7c018db9a09ff0ed234957e9b25b9.gif" />
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It does look like the company is really growing in the local scene and it will likely be competing against many other digital assets exchanges which have already been established in Malaysia.
I mean, look at them. Their company had also been spotted as one of the global partners in Formula 1 which is a billion-dollar industry.
<img src="https://cdn1.myc.com.my/image/upload/v1648539303/unsigned/lwcuwz9flwb77vewwywp.jpg" />
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With the future leaning into crypto, do you think it&rsquo;s a good idea to start investing into it now? Let us know your thoughts in the comments.
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*Sources: Visual and Reference Credits to Social Media, Rnggt, AutoSport &amp; various cross references for context.
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Positions are now open in LinkedIn + they are offering remote working.

cd0d1b93c2e1bf2cc7c908e28a76cdde027c033d113a0abec6992249171e213d

Crypto.com Is Entering The Malaysian Market & They Are Looking To Hire

Have you ever questioned yourself lately on why you&rsquo;re going broke so fast even if you do have a stable job?
Well, the unfortunate truth is that the cost of living has been going up over the years and we can&rsquo;t do much about it. Like here&rsquo;s a reality check, we are paying more for a drink than our food now.
<img src="https://media1.giphy.com/media/yWTrzwWVS9x1zHPIwT/giphy.gif?cid=790b761156677b06fbef01122236887b59081065c7708254&amp;rid=giphy.gif&amp;ct=g" alt="Season 4 Vegan GIF by The Office" />
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Yeah, let that thought sink in. Half the time we go out to eat, our drink is either half the price if not more than the price of some of our food.
With the rising cost of living, Prime Minister Ismail Sabri Yaakob had announced a new policy to help those working. The minimum wage of workers will now be increased to RM1,500 a month. According to him, the new minimum salary will be raised will come into effect on 1 May and details will be finalised soon.
Human Resource Ministry and the Entrepreneur Development and Cooperatives Ministry will be holding discussions to identify the small and micro businesses who can&rsquo;t afford to pay the minimum RM1,500.
So far, no conditions have been revealed yet, but these selected small businesses may be able to &ldquo;delay&rdquo; the payment of the new minimum wage. Judging by this statement, it suggests that there will be a policy that will be implemented for this issue.
What is the rough usage of families per month if you&rsquo;re living in the city?
<img src="https://cdn1.myc.com.my/image/upload/v1647924709/unsigned/jiltp1gphlcmimynfwvq.webp" />
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According to Bank Negara&rsquo;s living wage estimates, the above is the rough wages used for each of these categories for someone living in Kuala Lumpur back in 2016.
If a single adult needed 2,700 back in 2016, imagine now fast forwarding 6 years later. I&rsquo;m sure it&rsquo;s increased.
Just last week, Human Resources Minister M. Saravanan revealed that the minimum wage increase will be placed &ldquo;soon&rdquo; instead of waiting till the end of the year. Although this is good, not everyone is keen on the increase such as the Malaysian Employers Federation (EPF) as they claim that this is only beneficial for foreign workers in the country.
For those who didn&rsquo;t know, the National Wages Council is required to review the minimum salary every two years and changed will be subjected based off discussions. Back in 2012, the minimum wage was set at RM900 and in 2020 a revision was made to hike it to RM1,200 in 56 cities and towns. Unfortunately, even with the hike, some cities had remained at RM1,100.
Sometimes, I&rsquo;m pretty sure a lot of people question the government on how they look at the price of minimum wage. They clearly know that prices of items are going up but how high can it go? Even our vegetables are expensive now. 
Aside from the increase in minimum wages, do you think the government should also look at the cost of items now as it&rsquo;s getting way too expensive. Let us know your thoughts!
&nbsp;
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*Sources: Visual and Reference Credits to Social Media, New Straits Times, Bank Negara &amp; various cross references for context.
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With the minimum pay increasing, do you think that the ministry should also look into the reason behind the price hike of goods as well?

fa173e3abfed446ef2d3b4ed5d4cd6b997f947fb491c9f55b5e5b3447df6c724

Ministry To Enforce RM1,500 Minimum Wage Starting 1 May 2022

Are you someone who&rsquo;s very into the whole cryptocurrency scene? If you are, then you&rsquo;ve probably heard of Binance who is the world&rsquo;s leading crypto exchange.
If you didn&rsquo;t already know, they are making a return to the Malaysian market with a strategic stake in the country&rsquo;s regulated digital asset trading platform MX Global.
Binance and Cuscapi Berhad acquired a key stake in MX Global who are one of four recognized market operators &ndash; digital asset exchange license by the Securities Commission (SC) in Malaysia.
<blockquote class="twitter-tweet">
Hello Malaysia. 🇲🇾<a href="https://t.co/vsHzHlm7KI">https://t.co/vsHzHlm7KI</a>
&mdash; CZ 🔶 Binance (@cz_binance) <a href="https://twitter.com/cz_binance/status/1498725723590299652?ref_src=twsrc%5Etfw">March 1, 2022</a></blockquote>

<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
Presence all over the world and even Asia
<img src="https://cdn1.myc.com.my/image/upload/v1646277209/unsigned/wdzhquh7rgmk8hk53oeb.jpg" />
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The leading crypto exchange aims to expand the sustainable growth of the crypto market in Southeast Asia. Meanwhile, MX Global aims to become a leading liquidity hub in the region and expand their market with their new partnership.
A thing to note is the difficulty to mitigate regulatory compliance requirements in different regions. Due to this, Binance had slew of partnerships and it reflects a pattern of sorts. Back in July 2021, crypto exchange services in Malaysia were restricted as the SC said that these exchanges could not comply with the regulatory laws.
Partnership helps to understand local regulatory approach
&ldquo;This is part of Binance&rsquo;s initiatives to cooperate with regulators. By working with regulated platforms, we are supporting local representatives to further expand their businesses while they stay compliant,&rdquo; said a spokesperson from Binance.
While Binance reopens in Malaysia and needs to comply with the regulatory laws, it&rsquo;s a while different ball game happening in Singapore. Binance had withdrew their crypto license application a week before announcing an 18% stake in the private stock exchange. 
<img src="https://cdn1.myc.com.my/image/upload/v1646277434/unsigned/acfub8jlx8ukimustbnl.jpg" />
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Even in the UK, Binance was banned but they have now managed access to the payment method after announcing their partnership with PaySafe.
Similarly, crypto exchange is suffering the same issue in Thailand as operations had shut down in July 2021. But in 2022, thanks to a partnership with the country&rsquo;s Gulf Energy Development PCL, they made a return into the Thai market.
Is it safe to trade with Biannce?
In short, yes it should be safe for you to trade your crypto with Binance.
Back in 2021, they faced an issue with regulatory warnings and service restrictions from many countries due to their regulations. But with the introduction of partnering with other third-party companies, they have finally mended their regulatory relationship with other countries.
Hopefully this round with proper partners, the trade for cryptocurrencies will be smooth. But the real question now is how stable will the crypto market be in the upcoming future? What&rsquo;s your opinion on this? Let us know in the comments!
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*Sources: Visual and Reference Credits to Social Media, Cointelegtaph &amp; various cross references for context.
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They had acquired a key stake in MX Global which is recognized by the Securities Commission in Malaysia.  

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