Chain News by Thebittimes.Com

Payments giant Visa has filed two trademark applications covering a wide range of cryptocurrency products and services, including its own crypto wallet . The filings also mention crypto transaction management and non-fungible tokens (NFTs). Visa’s New Trademark Applications Visa has filed two trademark applications with the United States Patent and Trademark Office (USPTO). Mike Kondoudis, a USPTO-licensed trademark attorney, tweeted Thursday: Visa has filed 2 trademark applications claiming plans for managing digital, virtual, and cryptocurrency transactions, digital currency + cryptocurrency wallets, NFTs + virtual goods, providing virtual environments … and more. Description of Visa’s trademark applications for crypto services, including a crypto wallet. Source: Mike Kondoudis Filed on Oct. 22, the applications’ serial numbers are 97643605 and 97643607. Visa International Service Association, a subsidiary of Visa Inc., is listed as the owner of the trademarks....

Join Our Telegram channel to stay up to date on breaking news coverage A concerted effort is being made to control the cryptocurrency market by the Securities and Exchange Commission (SEC) and other U.S. market regulators. But a significant unanswered query that is essential to their objectives is: Bitcoin: A security or not? The word “currency,” which was specifically chosen by the founders of the movement to emphasize their desire to replace fiat currencies as both a store of value and a medium of trade, belies the problem. Since the debut of Bitcoin (BTC) in January 2009, it’s safe to say that the cryptocurrency market has evolved into the “Wild West” of financial markets. It was previously shielded from governments and other regulatory agencies’ prying eyes by the decentralized architecture of the system. The exact lack of regulation surrounding cryptocurrencies is what makes them so alluring to many aficionados. But because there aren...