• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

TikTok Returns: Trump Aids in Restoring the Platform Post-U.S. Ban

user avatar

by Giorgi Kostiuk

a year ago


TikTok began restoring access for U.S. users following Donald Trump's intervention amid the recent ban of the app in the U.S.

Restoration of TikTok Service

Some TikTok users in the U.S. have started regaining access to the platform after the temporary shutdown. Trump announced his intention to revive TikTok's access in the country starting on Monday.

Reasons Behind the Ban

TikTok was shut down following the enactment of a law banning the app due to national security concerns. Previously, TikTok fought against a bill signed by Biden that required ByteDance to divest its U.S. operations by January 19 or face a complete ban.

Market and User Reactions

Uncertainty about TikTok's future led users to seek alternative platforms, with Meta and Snap seeing stock increases due to potential user influxes. VPN searches spiked following the app's shutdown, and there were concerns about purchases through TikTok Shop.

Trump's involvement in TikTok's situation underscores how contentious tech restrictions can be, especially considering the economic and political influence of social media.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

A Guide to Crypto Fund Strategies for Traditional Investors

chest

The article serves as a comprehensive guide for traditional entrepreneurs looking to invest in crypto funds, categorizing six core strategies and analyzing their profit logic, advantages, and disadvantages.

user avatarSon Min-ho

Bank of Japan Board Discusses Future Rate Hikes

chest

Members of the Bank of Japan's board discuss the potential for further rate increases due to low real interest rates.

user avatarSatoshi Nakamura

Prime Minister Takaichi Tackles Inflation Amid BOJ Rate Hikes

chest

Prime Minister Sanae Takaichi addresses inflation issues while supporting the Bank of Japan's interest rate hikes.

user avatarAyman Ben Youssef

OCC Clarifies Bank Participation in Crypto Transfers

chest

The OCC has issued guidance allowing national banks to facilitate riskless crypto transactions.

user avatarNguyen Van Long

Concerns Rise Over XRP Ownership Distribution

chest

A new chart reveals that over 6 million XRP wallets hold minimal amounts, raising concerns about retail investors being priced out.

user avatarTando Nkube

Debate on XRP Supply and Market Dynamics

chest

Community members and analysts discuss the dynamics of XRP supply and its impact on market prices.

user avatarKofi Adjeman

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.