Richard

United

Bitcoin

Read

The United States Senate is about to debate possible amendments to a bill that passed the House recently that demands the sale of the Chinese-owned social media platform <a href="https://coingape.com/tiktok-might-face-us-ban-after-house-passes-bill-by-352-65-votes/?utm_source=cgtelegram" rel="noopener noreferrer nofollow">TikTok</a>. The bill that is intended to deal with the issues of national security is, however, going to be under scrutiny, and any possible modifications might also influence the timeline of its final approval. 
The Senate Majority Leader Chuck Schumer had earlier been called upon to hold a vote after the bill got strong support in the House. However, the date for the vote in the Senate is still unclear as legislators come back from Easter break.
The negotiations on the proposed changes are to be headed by Sen. Maria Cantwell, the chair of the Senate Commerce Committee. While the details of the amendments are not given, there is a form of speculation among certain Senate Republicans that substantial alterations might threaten the bill’s prospects. Under the bill passed by the House, the deadline for a possible divestment by the owner of TikTok, ByteDance, is six months, after which it would be prohibited in the United States.
<h2 id="legislative-concerns-and-support">Legislative Concerns and Support</h2>
The discussion over the <a href="https://coingape.com/binance-names-this-tiktok-celebrity-as-its-brand-ambassador/?utm_source=cgtelegram" rel="noopener noreferrer nofollow">TikTok bill</a> reveals concerns about the role of social media in national security and freedom of speech. However, Sen. Rand Paul brought forth concerns on the bill from the angle of free speech. On the contrary, from the Senate Select Committee on Intelligence, leaders Sens. Marco Rubio and Mark Warner have lent their support, highlighting the need to deal with risks that may emerge because TikTok has links with the Chinese government.
Moreover, Sens. Richard Blumenthal and Marsha Blackburn have called for the declassification of details in relation to TikTok’s national security implications, stressing the importance of making the public aware of the issues involved. 
This call for openness is a manifestation of a larger wish of legislators to guarantee that their legislative acts are based on clear awareness of threats from foreign-owned technology platforms.
<h2 id="tiktok-s-response-and-public-campaign">TikTok’s Response and Public Campaign</h2>
As a criticism of the parliamentary works, TikTok has started a broad public relations campaign aimed at activating its user community against the possible ban. The platform’s attempt includes television adverts in targeted states, with the goal of shaping public opinion in favor of their cause and possibly the legislative process. 
TikTok’s proactive approach further highlights how high the stakes are for the company and the huge user base in the United States.
The ongoing debate in the <a href="https://coingape.com/breaking-bitcoin-price-now-features-in-chinas-tiktok-version-douyin/?utm_source=cgtelegram" rel="noopener noreferrer nofollow">Senate</a>, coupled with TikTok’s public campaign, highlights the complex interplay between national security concerns, corporate interests, and the rights of users in the digital age.
Read Also: <a href="https://coingape.com/jim-cramer-just-rattled-bitcoin-btc-hodlers-with-cryptic-post/?utm_source=cgtelegram" rel="noopener noreferrer nofollow">Jim Cramer Just Rattled Bitcoin (BTC) HODLers With Cryptic Post</a>
The post <a href="https://coingape.com/senate-to-debate-changes-in-tiktok-sale-bill-amid-delays/" rel="noopener noreferrer nofollow">Senate to Debate Changes in TikTok Sale Bill Amid Delays</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

Senate to Debate Changes in TikTok Sale Bill Amid Delays

Table of Contents

Coingape News Media

Other articles published on Apr 1, 2024

Dogecoin (DOGE) Cryptocurrency Traders Enter New DOGE Rival Positioned For Major Gains

BEFE Coin Price Surges +20% as Investors Seek 1000x Secret

Telegram’s Toncoin Surges with Revenue Sharing Initiative and IPO Prospects

Cardano Decreases More Than 4% Within 24 hours

Regardless of the Consolidated Monthly Close, Bitcoin Shows a Promising Month Ahead: Can it Make ...

Shiba Inu & Tron Buyers Rally to Pushd (PUSHD) Presale Predicting E-Commerce 100X Revolution

Join our free newsletter for daily crypto updates!