Home HSBC Files For TM of Digital Currency, Others

HSBC Files For TM of Digital Currency, Others

Share
Share

HSBC has filed two crypto-related trademark applications with the United States Patent and Trademark Office for its name and logo.

HSBC’s trademark applications, according to Mike Kondoudis, a USPTO-licensed trademark attorney, indicate the bank’s plans for several digital products and services, including those related to the exchange and transfer of virtual currencies, he said in a tweet Friday.

On December 15, HSBC filed crypto-related trademark applications. In its applications, the bank described a wide range of products and services, including sending, receiving, converting, and storing digital currencies.

Several metaverse-related products and services are also detailed in the trademark applications, including “facilitating secure payment transactions by electronic means in the metaverse,” “providing banking services in the metaverse,” and “providing processing of virtual credit card, virtual debit card, virtual prepaid card, and virtual payment card transactions in the metaverse.” HSBC also included several NFT services, such as “downloadable digital files authenticated by NFTs.”

(Reporting by Shikha Singh, Editing by Laxmikant Khanvilkar)

Share

Latest News

JPMorgan Faces Rising Threat From Stablecoins & Tokenization, Says Jamie Dimon
News

Whole New Competitors! JPMorgan Faces Rising Threat From Stablecoins & Tokenization, Says Jamie Dimon

Key Takeaways According to Jamie Dimon, tokenisation, blockchain, and stablecoins are rapidly transforming banking. Fintech and cryptocurrency companies are new rivals for...

Circle Mints $3.25B USDC On Solana As Demand Surges
News

Circle Mints $3.25B USDC On Solana As Demand Surges

In just one week, Circle created $3.25 billion worth of USDC on the Solana blockchain, which is its biggest issuance of the...

Goodbye 9-To-5! What OpenAI’s 4-Day Workweek Proposal Means For The Future Of Jobs?
News

Goodbye 9-To-5! What OpenAI’s 4-Day Workweek Proposal Means For The Future Of Jobs?

Key Takeaways OpenAI demonstrates a significant shift in the future of work as AI becomes smarter. In order to allow employees to...

South Korea Moves Closer To Won-based Stablecoin Vision
News

South Korea Moves Closer To Won-based Stablecoin Vision

With central bank leadership indicating support for a stablecoin pegged in won, South Korea may soon adopt a new type of digital...

Latest Blogs

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s quickly changing financial scene. It is now a structural component...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by expanding urbanization and increased investments. As it is, the global...

AI-integrated Crypto Wallet: Safe & Efficient Management?

  Are you a crypto wallet user? If yes, is it an AI-integrated crypto wallet? In case you are wondering what exactly...

AI-enabled Fraud: Real Cases, Scammer Tactics & Smart Prevention Tips

Hey, congratulations! You won the Rs 2 Crore lottery. To withdraw funds, share your bank details along with a one-time password (OTP)...

Related Articles

Stablecoins Go Mainstream: How Hong Kong’s Bold Regulation Is Shaping Future Of Digital Finance

The word “stablecoin” is no longer limited to tech jargon in today’s...

How Blockchain Is Revolutionizing Real Estate Market

Introduction The real estate business is seeing significant, long-term expansion, fueled by...

AI-integrated Crypto Wallet: Safe & Efficient Management?

  Are you a crypto wallet user? If yes, is it an...

AI-enabled Fraud: Real Cases, Scammer Tactics & Smart Prevention Tips

Hey, congratulations! You won the Rs 2 Crore lottery. To withdraw funds,...