Donald Trump’s TikTok Ban Delay Reignites Crypto Conspiracy Theories
The post Donald Trump’s TikTok Ban Delay Reignites Crypto Conspiracy Theories appeared on BitcoinEthereumNews.com. US President Donald Trump on June 19, 2025 signed a third executive order delaying TikTok’s sell-or-ban deadline by 90 days. The order pushes the drop-dead date to Sept. 17, 2025 and directs the Justice Department not to enforce the 2024 law that would ban TikTok without a U.S. buyer. Source: Donald Trump TruthSocial Donald Trump, who has 15 million TikTok followers, announced on Truth Social: “I’ve just signed the Executive Order extending the Deadline for the TikTok closing for 90 days.” TikTok’s U.S. business is now on hold. That gives ByteDance more time to find an American buyer or partner. At the same time, the app remains available to its roughly 170 million U.S. users and 7.5 million U.S. businesses. White House Press Secretary Karoline Leavitt had hinted at the move days earlier, saying the administration would use the 90-day extension “to ensure this deal is closed so that the American people can continue to use TikTok”. Trump’s Delay in Decision Draws Reaction Reactions on Capitol Hill were mixed. Senate Intelligence Vice Chair Mark Warner (D–Va.) blasted the extension as “flouting the law” and insisted “an executive order can’t sidestep the law.” The new law – signed by President Biden in April 2024 with bipartisan support – gives ByteDance until Jan. 19 to divest or sever ties or face a ban. Warner and other Democrats worry Donald Trump is ignoring Congress’s national-security findings. By contrast, Senate GOP leaders have urged a “realistic” solution. Senate Majority Leader John Thune (R–S.D.) told reporters that it “all depends on the buyer,” adding that negotiators “want a buyer that doesn’t have the CCP in control” of TikTok’s algorithms. On Friday, TikTok’s official Policy account took to X to call Rep. Brad Sherman’s claim—that TikTok’s Chinese owners are buying $300 million worth of the Official Trump (TRUMP) memecoin—“patently false and…
The post Donald Trump’s TikTok Ban Delay Reignites Crypto Conspiracy Theories appeared on BitcoinEthereumNews.com.
US President Donald Trump on June 19, 2025 signed a third executive order delaying TikTok’s sell-or-ban deadline by 90 days. The order pushes the drop-dead date to Sept. 17, 2025 and directs the Justice Department not to enforce the 2024 law that would ban TikTok without a U.S. buyer. Source: Donald Trump TruthSocial Donald Trump, who has 15 million TikTok followers, announced on Truth Social: “I’ve just signed the Executive Order extending the Deadline for the TikTok closing for 90 days.” TikTok’s U.S. business is now on hold. That gives ByteDance more time to find an American buyer or partner. At the same time, the app remains available to its roughly 170 million U.S. users and 7.5 million U.S. businesses. White House Press Secretary Karoline Leavitt had hinted at the move days earlier, saying the administration would use the 90-day extension “to ensure this deal is closed so that the American people can continue to use TikTok”. Trump’s Delay in Decision Draws Reaction Reactions on Capitol Hill were mixed. Senate Intelligence Vice Chair Mark Warner (D–Va.) blasted the extension as “flouting the law” and insisted “an executive order can’t sidestep the law.” The new law – signed by President Biden in April 2024 with bipartisan support – gives ByteDance until Jan. 19 to divest or sever ties or face a ban. Warner and other Democrats worry Donald Trump is ignoring Congress’s national-security findings. By contrast, Senate GOP leaders have urged a “realistic” solution. Senate Majority Leader John Thune (R–S.D.) told reporters that it “all depends on the buyer,” adding that negotiators “want a buyer that doesn’t have the CCP in control” of TikTok’s algorithms. On Friday, TikTok’s official Policy account took to X to call Rep. Brad Sherman’s claim—that TikTok’s Chinese owners are buying $300 million worth of the Official Trump (TRUMP) memecoin—“patently false and…
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