Technologies

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 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.