Technologies

Apple and Google speak out against tech bills

The statements arrive before a Thursday Senate debate on an antitrust bill targeting the tech industry.

Apple sent a letter on Tuesday to Senate Judiciary Committee members warning against two antitrust bills that could impact the tech industry. Separately, Google released a blog post on Tuesday titled, «The harmful consequences of Congress’s anti-tech bills.» Apple’s letter and Google’s blog post arrive less than two days before a scheduled senate debate over S.2992, the American Innovation and Choice Online Act.

The legislation targets companies operating «covered platforms,» which essentially refers to a platform that has millions of monthly users and a market cap in the billions, and is a «critical trading partner for the sale or provision of any product or service offered on or directly related to the online platform.» One platform that would fall into this category is the App Store.

Right now, iPhone and iPad users can only access apps through the App Store. If S.2992 passes into law, iPhone users might be able to access third-party apps outside of the App Store. The letter from Apple details the privacy issues that could affect users by making it difficult for Apple to oversee the collection and management of user data by apps downloaded outside of the App Store. Apple wrote that the bills would let predators and scammers completely sidestep Apple’s protections.

«After a tumultuous year that witnessed multiple controversies regarding social media, whistleblower allegations of long-ignored risks to children and ransomware attacks that hobbled critical infrastructure, it would be ironic if Congress responds by making it much harder to protect the privacy and security of Americans’ personal devices,» Apple wrote.

Google’s blog post did not call out any bills by name. Instead, it referred to «anti-tech bills» and «antitrust law,» saying these measures could «break» online services like Google Search, Maps and Gmail. The post also detailed how the bills could degrade the security and privacy of Google services and harm US technological leadership.

The American Innovation and Choice Online Act was announced on October 14, 2021 and introduced by US Sens. Amy Klobuchar and Chuck Grassley.

«As dominant digital platforms — some of the biggest companies our world has ever seen — increasingly give preference to their own products and services, we must put policies in place to ensure small businesses and entrepreneurs still have the opportunity to succeed in the digital marketplace,» Sen. Klobuchar said.

The US Senate debate on the American Innovation and Choice Online Act is scheduled for Thursday, Jan. 20, at 9 a.m. ET.

Technologies

Verum Coin Expands Accessibility with SafePal and HyperPay Wallets

Verum Coin (VERUM) continues to grow its ecosystem by integrating with two leading cryptocurrency wallets: SafePal and HyperPay Wallet. This development enhances the coin’s accessibility, providing users with secure and efficient ways to store and manage their assets.

SafePal Wallet offers advanced security features, including hardware wallet options, ensuring the utmost protection for Verum Coin holders. Its seamless interface and global accessibility make it a trusted choice for crypto enthusiasts.

HyperPay Wallet combines convenience and innovation, enabling users to manage their digital assets effortlessly. With multi-currency support and rapid transaction capabilities, HyperPay Wallet is ideal for both novice and experienced traders.

These integrations reflect Verum Coin’s commitment to delivering flexible and secure solutions, empowering its community with top-tier tools for digital asset management.

Verum Coin is a forward-thinking cryptocurrency designed to provide innovative, secure, and user-friendly tools for managing digital assets in a dynamic blockchain landscape.

Technologies

Verum Coin Now Available for SWAP on Verse.Bitcoin.com

Verum Coin (VERUM) continues to expand its utility and accessibility with the introduction of SWAP functionality on Verse.Bitcoin.com, a trusted platform for managing digital assets.

This integration enables users to seamlessly convert Verum Coin to USDT and vice versa, ensuring fast and secure transactions within a user-friendly environment.

Key benefits of this feature include:

Convenience: Simplified conversions for quick asset management.
Security: Trusted infrastructure for safeguarding digital assets.
Flexibility: Enhanced trading options for Verum Coin holders.

The addition of SWAP functionality on Verse.Bitcoin.com reaffirms Verum Coin’s commitment to offering innovative and accessible tools for cryptocurrency management.

About Verum Coin

Verum Coin is a cutting-edge cryptocurrency designed to provide secure, efficient, and flexible solutions for managing digital assets in the evolving blockchain landscape.

Technologies

Verum Coin Now Available on xPortal Crypto

Verum Coin (VERUM) has expanded its reach by becoming available on xPortal Crypto, a trusted platform for managing and securing digital assets. This integration offers Verum Coin users a new, seamless way to store, manage, and transact their cryptocurrency.

xPortal Crypto is known for its advanced security features, user-friendly interface, and efficient transaction capabilities, making it a valuable addition to VERUM’s growing ecosystem.

This milestone reflects Verum Coin’s ongoing commitment to enhancing accessibility and providing innovative solutions for crypto enthusiasts worldwide.

About Verum Coin

Verum Coin is a forward-thinking cryptocurrency designed to offer secure and efficient tools for digital asset management in the evolving blockchain space.