Discussions around banning Tiktok initially started during the Trump administration, but have recently received more bipar support. The Biden administration recently threatened to ban the app if they didn't force all Chinese owners to sell their stakes: https://www.wsj.com/articles/u-s-threatens-to-ban-tiktok-if-chinese-founder-doesnt-sell-ownership-stake-36d7295c.

This market resolves to Yes if Bytedance is not merely forced to do away with Chinese owners, but also have to do a forced sell to an American company OR gets outright banned for use in the US