Kevin Helms
A scholar of Austrian Economics, Kevin discovered Bitcoin in 2011 and has been an evangelist ever since. His pursuits lie in Bitcoin safety, open-source methods, community results and the intersection between economics and cryptography.
Crypto
Visa Files Trademark Applications Covering a Range of Cryptocurrency Products, Including Crypto Wallet – Featured Bitcoin News
Funds large Visa has filed two trademark functions masking a variety of cryptocurrency services and products, together with its personal crypto pockets. The filings additionally point out crypto transaction administration and non-fungible tokens (NFTs).
Visa’s New Trademark Functions
Visa has filed two trademark functions with the USA Patent and Trademark Workplace (USPTO). Mike Kondoudis, a USPTO-licensed trademark lawyer, tweeted Thursday:
Visa has filed 2 trademark functions claiming plans for managing digital, digital, and cryptocurrency transactions, digital forex + cryptocurrency wallets, NFTs + digital items, offering digital environments … and extra.
Filed on Oct. 22, the functions’ serial numbers are 97643605 and 97643607. Visa Worldwide Service Affiliation, a subsidiary of Visa Inc., is listed because the proprietor of the emblems.
An excerpt of one of many trademark functions reads: “on-line non-downloadable software program for administration of digital transactions; non-downloadable digital items; non-downloadable digital items, particularly, a collectible collection of non-fungible tokens; on-line non-downloadable software program to be used as a digital forex pockets and storage providers software program; on-line non-downloadable software program to be used as a cryptocurrency pockets.”
Visa has been energetic within the crypto house for a number of years. The corporate has partnered with greater than 65 crypto corporations, together with exchanges and pockets service suppliers, to allow crypto funds at over 80 million retailers.
In January 2021, Visa CEO Alfred Kelly revealed his firm’s plan to allow crypto buying and selling on its community. Anticipating crypto changing into “extraordinarily mainstream,” he stated Visa is diving into crypto “in a really, very large means.” In December 2021, the funds large launched crypto advisory providers. In Could 2020, Visa filed a patent utility for a fiat-linked cryptocurrency system utilizing “a personal permissioned distributed ledger platform.”
A rising variety of corporations have filed trademark functions referring to crypto and the metaverse with the USPTO. Final week, Paypal and Western Union filed trademark functions for quite a lot of crypto providers. Earlier this month, Components One filed eight trademark functions for “F1” masking many crypto and metaverse services and products. Ford equally filed 19 trademark functions final month. E-commerce large Ebay filed two in June, Fb proprietor Meta filed 5 in Could, and Mastercard filed 15 associated trademark functions in April.
Would you employ Visa’s crypto pockets if it’s launched? Tell us within the feedback part beneath.
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