Home Cryptocurrency News Visa Recordsdata Trademark Functions Overlaying a Vary of Cryptocurrency Merchandise, Together with Crypto Pockets – Featured Bitcoin Information – Bitcoin Information

Visa Recordsdata Trademark Functions Overlaying a Vary of Cryptocurrency Merchandise, Together with Crypto Pockets – Featured Bitcoin Information – Bitcoin Information

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Funds big Visa has filed two trademark functions masking a variety of cryptocurrency services, 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 legal professional, 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.

Description of Visa’s trademark functions for crypto providers, together with a crypto pockets. Supply: Mike Kondoudis

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 logos.

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, specifically, 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 lively within the crypto area for a number of years. The corporate has partnered with greater than 65 crypto firms, together with exchanges and pockets service suppliers, to allow crypto funds at over 80 million merchants.

In January 2021, Visa CEO Alfred Kelly revealed his firm’s plan to allow crypto trading on its network. Anticipating crypto turning into “extremely mainstream,” he stated Visa is diving into crypto “in a really, very massive approach.” In December 2021, the funds big launched crypto advisory services. In Could 2020, Visa filed a patent application for a fiat-linked cryptocurrency system utilizing “a non-public 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, Formula One filed eight trademark functions for “F1” masking many crypto and metaverse services. Ford equally filed 19 trademark functions final month. E-commerce big Ebay filed two in June, Fb proprietor Meta filed 5 in Could, and Mastercard filed 15 associated trademark functions in April.

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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 programs, community results and the intersection between economics and cryptography.




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