AsianFin -- TikTok is preparing to launch a new version of its app specifically for U.S. users as it faces mounting political scrutiny. According to people familiar with the matter, the company has completed the design of a U.S.-dedicated version and plans to roll it out on its main app platform starting September 5.

American users will be required to update or switch to the new version in order to continue accessing the service. The current version will remain functional until March next year, after which it will be phased out in the U.S. market.