US President Joe Biden has signed a law that compels TikTok owner ByteDance, a Chinese corporation, to sell its interest on TikTok within 12 months of the signature. If the social media platform violates the mentioned rules, it will face the risk of a ban from the U.S. As part of a comprehensive legislative package The post US President Biden Enacts TikTok Ban: ByteDance Given One-Year Ultimatum appeared first on CoinGape .