🤔 Will Malaysia make crypto legal tender?
Parliament members are behind the plan
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Hey Waivly Crew! 🌊 Naomi Osaka has joined FTX as its latest global brand ambassador. Apple has resolved the outage affecting iMessage, Apple Music, the App Store, and other services
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Naomi Osaka becomes Global Ambassador and Shareholder of FTX
Four-time Grand Slam champion, Naomi Osaka, has signed a long-term partnership with crypto exchange FTX.
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In a press release, FTX announced Osaka will be taking an equity stake in the exchange and receive an undisclosed amount of cryptocurrency of her choice as compensation for her endorsement.
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As part of the agreement, Osaka will primarily focus on bringing women onto the platform and into the future of Web3, as well as play an active role in directing and producing content.
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“We have seen the statistics about how few women are part of crypto by comparison, which kind of mirrors the inequality we see in other financial markets,” said Osaka. “Cryptocurrencies started with the goal of being accessible to everyone and breaking down barriers to entry.”
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Naomi is far more than a tennis player, as she has made a name for herself as a prominent entrepreneur and investor. Back in September, Osaka launched Kinlò, a skincare brand made specifically for people with melanated skin. Osaka has also backed salad chain Sweetgreen since last August.
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Sam Bankman-Fried, CEO of FTX, commented on the partnership saying, "Just as FTX is at the forefront of crypto markets, we want to be at the forefront of social change. Our partnership with Naomi Osaka will further our goal of getting more diverse voices involved in the future of digital currency and Web3.”
Malaysia Ministry calls on government to legalize crypto
The Malaysian Communications and Multimedia Ministry (K-KOMM) is calling for the government to legalize the use of cryptocurrencies.
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Recently in Parliament, Deputy communications and multimedia minister Datuk Zahidi Zainul Abidin responded to a question on the K-KOMM's stance on NFT marketplaces, urging regulators to legalize certain use cases of crypto.
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Zahidi noted that doing so would significantly support young people who are interested in trading cryptocurrencies actively, especially on NFT marketplaces:
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“We hope the government can allow this. We are trying to see how we can legalize this so that we can develop youth participation in crypto and assist them," Deputy Communications and Multimedia Minister Abidin said.
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While the decision is up to Malaysia’s financial regulators, including the central bank and the Securities Commission Malaysia, the K-KOMM will continue to explore ways to increase the participation of young people in the industry.
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Notably, according to Bloomberg and other sources, Zahidi proposed not just to legalize certain use cases of cryptocurrency in Malaysia but also to adopt cryptocurrency as legal tender.
The Waves
🦘 FTX launches new division in Australia
⚽ PSG plans to enter the metaverse
👀 Mark Zuckerberg reveals NFTs are coming to Instagram
🖼️ 7 NFT projects with insane potential
Creator Special
Sbbc Suis a New York-based artist of Haitian descent who loves to infuse and utilize colours in his artwork to bring out the shapes.
NovaSeris is a Vtuber on Twitch who you can find streaming Monster Hunter Rise, Minecraft, and 7 Days to Die nearly everyday.
Hanadeus is a part-time Twitch streamer that plays Battlefield, Apex Legends, Monster Hunter World/Rise, Blade and Soul, and New MMORPG or any RPG with good combat.
Apple resolves outages affecting multiple cloud services
Multiple Apple cloud services were experiencing an outage early Monday afternoon.
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According to Apple’s system status page, the affected services were iMessage, iCloud Mail, the App Store, Apple Music, Apple Tv, Podcast, and iCloud Keychain.
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The outage also affected Apple’s corporate and retail system, as reported by Bloomberg reporter, Mark Gurman. This, in turn, limited remote work as well as Apple’s retail operations. iOS WhatsApp users were unable to access their chat history during Apple’s cloud service outage, according to WhatsAppBetaInfo.
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At around 12:45 PM PST, every Apple service that was affected by the outage had a green light next to it on Apple’s systems page, which meant that the issue that caused the outage was resolved. Apple has yet to release details as to what caused the outage.
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