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Crypto
Banking Giant HSBC Files Trademarks for a Wide Range of Digital Currency and Metaverse Products – Featured Bitcoin News
Banking large HSBC has filed trademark purposes with america Patent and Trademark Workplace (USPTO) for a variety of digital foreign money services, together with these associated to the metaverse and non-fungible tokens (NFTs).
HSBC’s Trademark Purposes for Crypto-Associated Merchandise and Companies
HSBC has filed two crypto-related trademark purposes for its title and brand with america Patent and Trademark Workplace (USPTO). Mike Kondoudis, a USPTO-licensed trademark lawyer, famous in a tweet Friday that HSBC’s trademark purposes point out the financial institution’s plans for a lot of digital services, together with these associated to the trade and switch of digital currencies.
HSBC’s crypto-related trademark purposes had been filed on Dec. 15; their serial numbers are 97718803 and 97718583. The financial institution described a variety of services in its purposes, together with sending, receiving, changing, and storing digital currencies.
The trademark purposes additionally element a number of metaverse-related services, reminiscent of “facilitating safe cost transactions by digital means within the metaverse,” “offering banking providers within the metaverse,” and “offering processing of digital bank card, digital debit card, digital pay as you go card, and digital cost card transactions within the metaverse.” HSBC additionally included a lot of NFT providers, reminiscent of “downloadable digital information authenticated by non-fungible tokens (NFTs).”
HSBC joined the metaverse by partnering with blockchain digital gaming platform The Sandbox in March. Nonetheless, HSBC Group’s CEO, Noel Quinn, mentioned in September that crypto isn’t within the financial institution’s future.
An rising variety of main firms and monetary providers establishments have filed trademark purposes masking a variety of digital foreign money and metaverse services. For instance, Visa, Paypal, and Western Union filed crypto-related trademark purposes in October. Final month, JPMorgan Chase was granted a pockets trademark masking numerous digital foreign money and cost providers.
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