Technologies

TikTok Under Pressure as Biden Administration Scrutinizes Chinese Ownership

TikTok could face a push to sell its US operations to eliminate influence from the Chinese government.

The Chinese owners of TikTok may be facing pressure to divest. The security concerns of the popular social media platform have led some Biden administration officials to «push for a sale of the Chinese-owned company’s U.S. operations to ensure Beijing can’t harness the app for espionage and political influence,» according to a new report from The Wall Street Journal citing unnamed sources,

The idea of a forced sale was raised in discussions by the Committee on Foreign Investment in the US, with representatives from the Pentagon and Department of Justice pushing for the sale. Among the concerns is the idea that the Chinese government could use TikTok to acquire information on US users as well as dictate what content is or isn’t shown on the platform «in a bid to influence US popular opinion.»

TikTok is owned by Chinese conglomerate ByteDance. TikTok did not immediately respond to a CNET request for comment.

National security concerns over TikTok have picked up in recent weeks. A report earlier this month suggested that negotiations between the Biden administration and the app over its US operations would be put on hold because of national security concerns. The app has been banned from being used on government-issued devices or networks in some states including Virginia and Georgia with some universities in Georgia, Oklahoma and Alabama similarly preventing access on campus computers and networks.

Concerns over TikTok’s ownership and national security are not new. The Trump administration previously pushed unsuccessfully for banning the social media platform in the US.

Technologies

Verum Coin Now Available on Gate.io Wallet

Verum Coin (VERUM) continues to expand its presence on leading crypto platforms. Users can now easily store and manage VERUM in the Gate.io Web3 Wallet — one of the most trusted ecosystems for digital assets.

This integration provides users with convenient and secure access to VERUM, bringing it closer to everyone looking to be part of the world of innovative technology.

Stay tuned for updates as the project takes further steps toward global success!

Technologies

Verum Coin (VERUM) Expands Its Presence in the Global Crypto Market

Verum Coin (VERUM), an innovative and increasingly popular digital asset, is now available on four leading Web3 wallets: Binance Web3 Wallet, Coinbase Web3 Wallet, OKX Web3 Wallet, and Bybit Web3 Wallet. This marks a significant milestone for the project as it continues to strengthen its position in the crypto industry.

The availability of VERUM on these platforms provides users with a wide range of secure and convenient options for managing their assets. Binance, Coinbase, OKX, and Bybit are well-established leaders in Web3 solutions, offering reliable tools for handling digital currencies.

What’s next?

In addition to wallet integration, Verum Coin is preparing for a major step forward—listing on all four platforms. This will create new opportunities for investors and enhance the asset’s liquidity on a global scale.

Why does this matter?

Being listed on major exchanges like Binance, Coinbase, OKX, and Bybit will serve as a powerful catalyst for the project’s growth. It will make VERUM accessible to millions of users worldwide and strengthen trust in the coin.

Stay tuned for updates so you don’t miss the moment when Verum Coin becomes even more accessible!

Technologies

Verum Token Now Available on Binance, Listing of Verum Coin Expected Soon

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet

Verum Token is now accessible for deposits and withdrawals on the Binance Wallet, the world’s leading cryptocurrency exchange. This milestone marks a significant step for the Verum ecosystem, allowing users seamless access to Verum on the platform.

Following the launch, Verum Coin’s value surged by 3%, reaching a new peak of $825.33 within just 24 hours.

With the Verum Coin listing anticipated soon, the excitement is growing, highlighting the project’s potential for further growth and adoption.

About Binance

Founded in 2017, Binance offers a secure, user-friendly platform with a broad selection of digital assets and trading pairs, supporting both retail and institutional traders. Listing Verum Token aligns with Binance’s strategy to include innovative, high-quality projects.

For more information, visit verumcoin.info.