US Treasury Secretary Scott Bessent announced on Thursday that China has agreed to a deal for the transfer of ownership of the TikTok application. According to him, this agreement will allow the app to remain in its current form and protect American users from the threat posed by foreign control. Bessent emphasized that the deal is in the national interest of the United States and ensures the security of American citizens' data. He also added that he expects the deal to be approved by regulators soon.
