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Ahead of Congressional Hearing, TikTok CEO Says 150M Americans Use the App

In a video posted to TikTok, CEO Shou Chew warns of a potential ban.

As TikTok CEO Shou Chew prepares to testify in front of Congress this week, he’s turning directly to the social video app’s users to gain support. 

Chew took to TikTok on Tuesday to announce that app now has 150 million monthly active users in the US. «That’s almost half of the US coming to TikTok to connect, to create, to share, to learn or just have some fun,» he said. That count includes 5 million businesses that use TikTok to reach customers, Chew said. 

Chew is set to appear in front of the House Energy and Commerce Committee on Thursday to speak about TikTok’s privacy and data practices.

TikTok has been dealing with increased scrutiny from lawmakers over concerns that data from users in the US could be passed on to China’s government. Earlier this month, the Biden administration demanded that ByteDance, the app’s Chinese parent company, sell its stake in the app or face a possible ban in the US

@tiktok

Our CEO, Shou Chew, shares a special message on behalf of the entire TikTok team to thank our community of 150 million Americans ahead of his congressional hearing later this week.

♬ original sound — TikTok

«Some politicians have started talking about banning TikTok,» said Chew in the TikTok, «[and] this could take away TikTok from all 150 million of you.» Chew said he plans to tell the House committee «all that we are doing to protect Americans using the app.» 

Chew then calls upon American users to write in the comments what they want representatives to know and why they love TikTok. The video already has more than 2 million views. 

Despite its popularity, TikTok was been banned from government devices in December over concerns the app could pose a threat to national security. Other countries, including Canada and EU member states, have taken similar steps.

TikTok has repeatedly said it doesn’t share data with the Chinese government. The company has taken several steps in an attempt assuage concerns, including sharing data with university-affiliated researchers and partnering with Oracle to store US users’ data.

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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