Japanese tech giant Fujitsu has filed a trademark application with the United States Patent and Trademark Office (USPTO), revealing its intention to supply brokerage services for trading cryptocurrencies, including cryptographic and non-cryptographic financial instruments.
Fujitsu’s trade mark application seeks to register a recent mark, which “consists of the stylized word FUJITSU with an S-shaped side squiggle above the letters J and I” According to to an official document filed on March 16. Branding is devoted to offering financial services, including accepting deposits, financing loans, managing funds and exchanging crypto assets.
The image above shows the updated logo that Fujitsu intends to trademark for services. In addition, the next excerpt provides an outline of the services disclosed by the Fujitsu USPTO with its trademark application.
The growing interest in Fujitsu Web3 became evident when the Web3 acceleration platform for start-ups and partner corporations was launched in February. The platform goals to support the creation of a various ecosystem of Web3 applications in various use cases resembling digital rights management, business transactions, contracts and processes.
Related: Japanese prime minister says DAO and NFT help support government’s “Cool Japan” strategy.
In early 2023, financial regulators in Japan urged global regulators to introduce stricter banking rules for the crypto sector.
「当社 における お 客 様 の 資産 の 管理 管理 状況 等 について について （（（1月 16 日 時 点）」 お知ら せ せ を 掲載 致し まし まし た。 こちら を 確認 確認 確認 ください。。。https://t.co/Y9D2RQAsgB
— FTX Japan (@FTX_JP) January 16, 2023
The deputy director general of the Financial Services Agency’s Strategy Development and Management Office, Mamoru Yanase, admitted that the issue will not be related to cryptocurrencies. “What led to the newest scandal will not be the crypto technology itself,” he said, adding that “loose governance, loose internal controls, and an absence of regulation and oversight were responsible.”
Magazine: Samsung Bitcoin ETF, $700M Collapse, Coinbase Leaving Japan: Asia Express