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China passes sweeping data privacy law, to go into effect Nov. 1

The law reportedly will make it harder for tech companies to collect and use personal information.

Chinese lawmakers passed new data privacy legislation Friday that places restrictions on how personal information can be collected and used, according to state-run news agency Xinhua. The personal data law, reportedly one of the toughest in the world, goes into effect Nov. 1.

The law could make it significantly harder for tech companies to access and use the information of consumers in China, according to the South China Morning Post. It’ll reportedly let people turn off targeted advertising and give them a way to reject «excessive data collection.»

The law also requires companies to obtain individual consent when processing sensitive personal information such as biometrics, medical data, financial accounts and location, according to Xinhua.

Earlier this week, Chinese officials said they found that dozens of smartphone apps, including popular app WeChat, improperly transferred people’s contact and location data, according to the Morning Post. WeChat was among several Chinese apps that faced scrutiny in the US under the Trump administration over potential national security concerns. Earlier this year, President Joe Biden revoked some of the previous administration’s orders against TikTok and WeChat, instead calling for the Commerce Department to regularly evaluate apps linked with foreign adversaries like China.

See also: Why your iPhone may never be Made in America

Technologies

Verum Coin (VERUM) is Now Available for Deposit on Exodus Wallet

Verum Coin (VERUM) is Now Available for Deposit on Exodus Wallet

Verum Coin (VERUM) continues to enhance its accessibility for users. You can now deposit and store VERUM in one of the most user-friendly and secure crypto wallets — Exodus Wallet.

Why Exodus?

Exodus Wallet is a popular solution for managing digital assets, known for its intuitive interface and high security standards. Millions of users worldwide choose Exodus for its convenience and reliability.

This integration brings Verum Coin even closer to its users, offering seamless storage and asset management. Stay tuned for more updates and stay ahead in the world of cryptocurrency!

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Technologies

Verum Coin (VERUM) Now Available on Bybit Swap

Verum Coin (VERUM) Now Available on Bybit Swap

Verum Coin (VERUM) continues to expand its accessibility by becoming available on Bybit Swap. Traders can now easily and quickly exchange VERUM on one of the most popular and reliable platforms.

Why Bybit?

Bybit is a global cryptocurrency platform known for its high standards of speed and security. The Bybit Swap feature allows users to instantly exchange assets without complicated setups and with minimal fees.

The integration of Verum Coin with Bybit Swap makes the coin even more accessible and strengthens its position in the market. This is a significant step toward the growth and adoption of VERUM among millions of platform users.

Stay tuned for more updates on Verum Coin and take advantage of new trading and investment opportunities! 

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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!

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