On October 18, PayPal filed three trademark applications that cover “PAYPAL and its Ps Logo” with USPTO. USPTO licensed trademark-attorney Mike Kondoudis shared a Twitter post with the details of the filings made by PayPal. In the Twitter post, Kondoudis stated: PayPal has filed trademark applications for PayPal and its ‘overlapping Ps’ logo. The apps claim plans for exchanging, trading, and processing transfers of blockchain + digital assets, crypto + digital + virtual currencies … and more. A section from PayPal’s trademark application explicitly explains that the trademark covers “downloadable software for sending, receiving, accepting, buying, selling, storing, transmitting, trading and exchanging digital currency, virtual currency, cryptocurrency, stablecoins, digital and blockchain assets, digitized assets, digital tokens, crypto tokens, and utility tokens.” Following PayPal’s filing of the trademark application, Kondoudis shared on Twitter that Western Union had filed for three trademark applications. #WesternUnion has filed 3 trademark applications claiming plans for Financial + Banking + Insurance Virtual currency exchange + transfer Commodity and Crypto trading + brokerage Issuing tokens of value…and much more#Web3 #Metaverse #Cryptocurrency #NFT #DeFi pic.twitter.com/YvKysvj3mq — Mike Kondoudis (@KondoudisLaw) October 25, 2022 The filed applications for trademark by Western Union cover financial, banking, insurance, virtual currency exchange and transfer, commodity and crypto trading, brokerage, and issuing tokens of value to name a few among the many others. Full story here
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