Axel Springer says it is willing to participate in a deal for TikTok’s European business; ByteDance denies related reports

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Axel Springer said it is willing to participate in a deal for TikTok’s European business, but ByteDance denied that any such deal exists, calling the related reports entirely fabricated. TikTok now allows licensed exchanges and custodial wallets to advertise in France, Germany, and Austria, subject to platform approval and with ads targeted at adults; direct promotion of Bitcoin and Ethereum is prohibited. Even if ownership changes, the platform must still comply with European regulations such as MiCA and user data protection requirements.