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TikTok CEO to Testify Before House Panel in March

The CEO is set to discuss a range of topics, like TikTok’s ties to the Chinese government.

TikTok CEO Shou Zi Chew has agreed to testify before a House panel on March 23. The House Energy and Commerce Committee announced Monday that it will discuss the app’s consumer privacy and data security, the app’s influence on children and the app’s relationship with the Chinese government through parent company ByteDance.

«ByteDance-owned TikTok has knowingly allowed the ability for the Chinese Communist Party to access American user data,» the committee wrote. «Americans deserve to know how these actions impact their privacy and data security…»

However, TikTok pushed back against these accusations.

«There is no truth to [the] claim that TikTok has made U.S. user data available to the Chinese Communist Party,» a TikTok spokesperson told CNET in an email. «We welcome the opportunity to set the record straight about TikTok, ByteDance, and the commitments we are making to address concerns about U.S. national security…»

The meeting comes as more government offices have scrutinized TikTok.

Earlier in January, Ohio and New Jersey became the latest states to ban TikTok from being downloaded onto government owned devices. Other states to take similar action against the social media app include Virginia, Georgia and Texas.

In December, the Senate passed a bill that would ban TikTok from all government owned devices, and that same month the Biden administration pushed for ByteDance to sell its US operations.

Officials from both the FBI and FCC have voiced concerns about the app, too.

FBI Director Christopher Wray said in November the app poses a potential threat to national security, according to Bloomberg. That same month, FCC Commissioner Brendan Carr told Axios that he supports a government ban on TikTok.

If the US did ban TikTok, it would join India as one of the only countries to have an outright ban on the app. Other countries have restricted or censored the app.

For more, check out why US states are banning TikTok and what to know about TikTok’s national security concerns.

Technologies

Verum Coin Now Available on Gate.io Wallet

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! 

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Technologies

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

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 WalletCoinbase Web3 WalletOKX 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!

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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.

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