Paypal and Western Union File Trademarks for Wide Range of Crypto Services

Financial services companies Paypal and Western Union person each filed 3 caller trademark applications covering a wide scope of crypto services. Paypal’s applications are besides for the payments giant’s logo.

Paypal’s New Trademark Filings for Crypto Services

Paypal Inc. has filed 3 caller trademark applications with the United States Patent and Trademark Office (USPTO). Mike Kondoudis, a USPTO-licensed trademark attorney, tweeted Monday:

Paypal has filed trademark applications for Paypal and its ‘overlapping Ps’ logo. The apps assertion plans for exchanging, trading, and processing transfers of blockchain + integer assets, crypto + integer + virtual currencies … and more.

Filed connected Oct. 18, the applications’ serial numbers are 97636933, 97636892, and 97636857.

An excerpt from 1 of the trademark applications explains that the trademark covers “downloadable bundle for sending, receiving, accepting, buying, selling, storing, transmitting, trading and exchanging integer currency, virtual currency, cryptocurrency, stablecoins, integer and blockchain assets, digitized assets, integer tokens, crypto tokens, and inferior tokens.”

Paypal’s cryptocurrency level allows customers successful the U.S. and U.S. territories (excluding Hawaii) to transact with 4 antithetic cryptocurrencies: bitcoin (BTC), ethereum (ETH), litecoin (LTC), and bitcoin currency (BCH). The payments institution precocious began allowing users to transfer crypto to different wallets and exchanges. Earlier this month, Paypal was caught successful a contention erstwhile radical connected societal media noticed that its caller presumption of work allowed the institution to fine customers $2,500 for spreading misinformation. The institution subsequently claimed that it was an error.

Western Union Also Files 3 Trademark Applications for Crypto Services

Kondoudis reported Tuesday that fiscal services institution Western Union besides filed 3 trademark applications connected the aforesaid time arsenic Paypal. He wrote:

Western Union has filed 3 trademark applications claiming plans for fiscal + banking + insurance, virtual currency speech + transfer, commodity and crypto trading + brokerage, issuing tokens of worth … and overmuch more.

The serial numbers for Western Union’s applications are 97641189, 97641182, and 97641176.

A increasing fig of companies person filed trademark applications relating to crypto and the metaverse with the USPTO. Earlier this month, Formula One filed 8 trademark applications for “F1” covering galore crypto and metaverse products and services. Ford likewise filed 19 trademark applications past month. E-commerce elephantine Ebay filed 2 successful June, Facebook proprietor Meta filed 5 successful May, and Mastercard filed 15 related trademark applications successful April.

What bash you deliberation astir Paypal and Western Union filing trademark applications for crypto services? Let america cognize successful the comments conception below.

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