JPMorgan now has a trademark for a Bitcoin wallet from the USPTO.
Despite the senior executives’ reservations about the asset, the bank bets on cryptocurrency.
Institutions all across the world are embracing Bitcoin.
JPMorgan, a global banking institution headquartered in New York City, has trademarked a cryptocurrency wallet. The banking giant is developing a global computer network to facilitate the electronic transfer of virtual currencies.
Kondoudis, a patent and trademark lawyer, claims that on November 15, the U.S. Patent and Trademark Office (USPTO) authorized JPMorgan Chase Co.’s trademark application. According to him, the trademark extends to the buying and selling of cryptocurrencies and the processing of payments made using cryptocurrencies.
J.P. MORGAN WALLET is now a registered trademark for: Virtual currency transfer + exchange Crypto payment processing Virtual checking accounts Financial services
The USPTO granted the #JPMORGAN application on Nov 15
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