HSBC, Mastercard File More Crypto-Related Trademark Applications

HSBC and Mastercard, 2 large players successful the banking and outgo industries, person submitted further trademark applications related to cryptocurrencies with the United States Patent and Trademark Office (USPTO). Mastercard’s filing focuses connected crypto and blockchain transactions portion HSBC’s exertion focuses connected metaverse banking and services related to non-fungible tokens (NFTs).

HSBC and Mastercard Expand Crypto Footprint

HSBC and Mastercard person continued to record trademark applications with the United States Patent and Trademark Office (USPTO) for a wide scope of crypto-related services.

USPTO lawyer Mike Kondoudis tweeted Monday that Mastercard filed a caller trademark exertion (serial no. 98038563) connected June 12 for the connection people “Mastercard Crypto Credential.” It covers bundle for verifying interactions, processing oregon exchanging cryptocurrencies, and connecting virtual plus work providers (VASPs).

HSBC besides filed a new crypto-related trademark exertion (serial no. 98037178) connected June 12. The banking giant’s filing for the connection people “HSBC Innovation Banking” focuses connected metaverse banking, consulting, fiscal services, virtual recognition cards, and respective services involving non-fungible tokens (NFTs).

In December past year, HSBC filed trademark applications for its name and logo covering a wide scope of crypto-related services. In March, the slope joined the metaverse by partnering with blockchain virtual gaming level The Sandbox. However, HSBC Group’s CEO, Noel Quinn, said successful September that crypto is not successful the bank’s future.

Mastercard has been focusing connected crypto for rather immoderate time. In April past year, Mastercard filed 15 metaverse and NFT-related trademark applications. Last November, the outgo elephantine said it is focusing connected five cardinal areas to crook crypto into an mundane mode to pay.

An expanding fig of large corporations and fiscal services institutions person filed trademark applications for a wide scope of integer currency and metaverse products and services, including Visa, Paypal, and Western Union.

What bash you deliberation astir large companies continuing to record trademark applications covering a wide scope of crypto and metaverse-related products and services? Let america cognize successful the comments conception below.