Technologies

TikTok CEO Will Urge Against Ban, Say It Has Solutions to Data Concerns

Testifying before Congress, Shou Chew will try to convince lawmakers that TikTok can safeguard US data.

TikTok CEO Shou Chew will try to convince Congress that TikTok can protect US users’ data and maintain safety for the millions of Americans who use the popular video app, according to prepared remarks shared Wednesday by the US House Committee on Energy and Commerce.

Chew is scheduled to testify before the committee on Thursday about TikTok’s privacy and data security practices. Lawmakers are scrutinizing TikTok, and the app faces a possible ban in the US. Earlier this month, the Biden administration demanded that ByteDance, the app’s Chinese parent company, sell its stake in the app.

Officials are concerned US user data could be passed on to the Chinese government or that the Chinese government could dictate what content is shown on TikTok in a bid to influence public opinion in the US.

Chew will argue that ByteDance isn’t an agent of China, but instead that it’s a global company that won’t allow unauthorized access to user data.

«TikTok has never shared, or received a request to share, U.S. user data with the Chinese government,» Chew will say, according to the prepared remarks. «Nor would TikTok honor such a request if one were ever made.»

Chew will also argue that instead of a ban, there are alternatives that could address US officials’ concerns, primarily a $1.5 billion effort to secure data, which TikTok has dubbed Project Texas.

«Our commitment under Project Texas is for the data of all Americans to be stored in America, hosted by an American headquartered company,» Chew will tell lawmakers, with access to the data controlled by a special TikTok subsidiary called US Data Security Inc., or USDS.

Chew will also discuss the platform’s commitment to protecting minors who use the platform. He’ll highlight examples, including how TikTok accounts registered to teens under 16 are prevented from sending direct messages and are automatically set to private.

«These measures go far beyond what any of our peers do,» Chew says in the prepared remarks.

On Tuesday, Chew turned directly to TikTok users to bolster support, announcing that the app has 150 million users in America. He said in a TikTok video that «some politicians have started talking about banning TikTok,» which would «take away TikTok from all 150 million of you.»

He asked people to share in comments what they want representatives to know about TikTok and why they love the app. The video has more than 6 million views.

Technologies

Verum Coin listed at Blockchain.com

Users can now seamlessly deposit, withdraw, and swap Verum Coin via the Blockchain.com mobile application and website platform.

The Verum Coin (VERUM) project continues to expand its presence in the cryptocurrency market. Users can now seamlessly deposit, withdraw, and swap Verum Coin via the Blockchain.com mobile application and website platform.

About Blockchain.com

Blockchain.com is one of the largest and most respected platforms in the cryptocurrency world. Founded in 2011, it serves millions of users across more than 200 countries, providing easy access to cryptocurrencies through intuitive tools. Blockchain.com’s reputation as a trusted ecosystem makes its integration with VERUM a significant step in building trust and accessibility for the coin.

About Verum Coin

Verum Coin is a promising digital asset that has already made a name for itself in the market with its innovative solutions and steady growth. Being available on reputable platforms like Blockchain.com opens up new opportunities for VERUM and brings it closer to users worldwide.

This integration offers VERUM holders convenience and security, as well as expanded options for storage, trading, and investment. Stay tuned for further updates from the project — there’s much more to come!

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!