Would The Recent Ban On TikTok By The US Also Strain Cryptocurrency Industry?

CryptoWendyO, a YouTuber, feels that the TikTok ban isn’t actually about TikTok and might be used to target the cryptocurrency business. On March 23, the world watched as US Congressmen scrutinized TikTok CEO Shou Chew at a House Energy and Commerce Committee meeting in Washington. Legislators questioned the CEO throughout the session about fears that the Chinese government is gathering user data through the app.
The heated conversation regarding TikTok quickly went viral on social media. Many observers believe that the Restricting the Emergence of Threats to Information and Communications Technology Security and Risks (RESTRICT) Act, which was just presented in the US Senate, will be passed soon.

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