šØ TRUMP EXTENDS TIKTOK BAN DEADLINE TO DECEMBER 16 ā WHAT IT MEANS FOR CRYPTO & TECH! šØ
President Trump has signed a fourth executive order further delaying enforcement of the TikTok ban until December 16, 2025, marking another pivotal moment in the ongoing saga between the U.S. and the Chinese-owned app . The order explicitly bars penalties for noncompliance during this period, buying time for negotiations amid swirling rumors of a potential sale to a U.S.-led consortium.
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š„ Key Details:
Ā· New Deadline: TikTok now has until December 16, 2025, to finalize a sale or face a U.S. ban .
Ā· Trumpās Allies Benefit: Reports suggest Oracle, Andreessen Horowitz, and Silver Lakeāfirms with ties to Trumpācould acquire 80% of TikTok, while China retains 20% and licenses the algorithm .
Ā· National Security vs. Politics: The ban, initially backed by bipartisan concerns over data privacy, has become a bargaining chip in broader U.S.-China trade talks .
š” Why Crypto and Tech Traders Should Care:
1. Market Volatility: Tech stocks (e.g., Meta, Google) and crypto (e.g., social tokens) may react to TikTokās fate.
2. U.S.-China Relations: A deal could ease trade tensions, boosting risk assets like Bitcoin.
3. Regulatory Precedent: How Trump handles TikTok could signal his approach to crypto regulationāpragmatic vs. punitive.
š The Bigger Picture:
Trumpās affinity for TikTok (he credits it for his 2024 win) contrasts with his earlier push for a ban. Now, his allies stand to gain from its saleāa reminder that in politics and crypto, follow the money and the power.
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