Banking Giant HSBC Files Trademarks for a Wide Range of Digital Currency and Metaverse Products

1 year ago

Banking Giant HSBC Files Trademarks for a Wide Range of Digital Currency and Metaverse Services

Banking elephantine HSBC has filed trademark applications with the United States Patent and Trademark Office (USPTO) for a wide scope of integer currency products and services, including those related to the metaverse and non-fungible tokens (NFTs).

HSBC’s Trademark Applications for Crypto-Related Products and Services

HSBC has filed 2 crypto-related trademark applications for its sanction and logo with the United States Patent and Trademark Office (USPTO). Mike Kondoudis, a USPTO-licensed trademark attorney, noted successful a tweet Friday that HSBC’s trademark applications bespeak the bank’s plans for a fig of integer products and services, including those related to the speech and transportation of virtual currencies.

Banking Giant HSBC Files Trademarks for a Wide Range of Digital Currency and Metaverse Products

HSBC’s crypto-related trademark applications were filed connected Dec. 15; their serial numbers are 97718803 and 97718583. The slope described a wide scope of products and services successful its applications, including sending, receiving, converting, and storing integer currencies.

The trademark applications besides item respective metaverse-related products and services, specified arsenic “facilitating unafraid outgo transactions by physics means successful the metaverse,” “providing banking services successful the metaverse,” and “providing processing of virtual recognition card, virtual debit card, virtual prepaid card, and virtual outgo paper transactions successful the metaverse.” HSBC besides included a fig of NFT services, specified arsenic “downloadable integer files authenticated by non-fungible tokens (NFTs).”

HSBC joined the metaverse by partnering with blockchain virtual gaming level The Sandbox successful March. However, HSBC Group’s CEO, Noel Quinn, said successful September that crypto is not successful the bank’s future.

An expanding fig of large corporations and fiscal services institutions person filed trademark applications covering a wide scope of integer currency and metaverse products and services. For example, Visa, Paypal, and Western Union filed crypto-related trademark applications successful October. Last month, JPMorgan Chase was granted a wallet trademark covering assorted virtual currency and outgo services.

What bash you deliberation astir HSBC filing trademark applications for crypto-related products and services? Let america cognize successful the comments conception below.

Kevin Helms

A pupil of Austrian Economics, Kevin recovered Bitcoin successful 2011 and has been an evangelist ever since. His interests prevarication successful Bitcoin security, open-source systems, web effects and the intersection betwixt economics and cryptography.

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