President must sign it after approval, even if there are appeals and disputes afterward
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@strutheo I’m not sure I agree that meets the wording here, but also I think it’s a bit high given that “by end of April” is currently trading at like 8%
@DavidFWatson well even after biden signs up it can be appealed/held up forever, so this market is mainly for the official law part. i can make it clearer
@varvalle hard to say since the word ban is being used in reference to the bill and media right now. is the actual text either a ban or a forced sell?
@strutheo My understanding is it would disallow Chinese ownership of tiktok, but not the existence of the platform itself, so if it were sold it could keep existing
@varvalle i think would count that, as banning chinese ownership. ill rephrase so it is clear. the spirit of the question is - will the USA pass legislation targeting tiktok then actually go through with it