Japanese tech giant Fujitsu filed a trademark application with the United States Patent and Trademark Office (USPTO), revealing its intention to offer brokerage services for cryptocurrency trading, among other crypto and non-crypto financial facilities.
Fujitsu’s trademark application aims to register a new trademark that “consists of the stylized word FUJITSU with an S-shaped side swirl over the J and I.” according to the official document presented on March 16. The brand is dedicated to offering financial services, including deposit acceptance, loan financing, financial management, and crypto asset trading.
The image above represents the updated logo that Fujitsu intends to register as a trademark for the services. Additionally, the snippet below provides an overview of the services that Fujitsu disclosed to the USPTO, along with the trademark application.
Fujitsu’s growing interest in Web3 became apparent when it launched a Web3 acceleration platform for startups and partner companies in February. The platform aims to support the creation of a diverse ecosystem of Web3 applications in a variety of use cases, such as digital content rights management, business transactions, contracts, and processes.
Related: Japanese PM Says DAOs and NFTs Help Support Government’s ‘Cool Japan’ Strategy
In early 2023, Japan’s financial regulators urged global regulators to introduce stricter banking rules for the cryptocurrency sector.
“On the state of client asset management in our company (as of January 16)” was published. Please check here.https://t.co/Y9D2RQAsgB
— FTX Japan (@FTX_JP) January 16, 2023
The deputy director general of the Office of Management and Strategy Development of the Financial Services Agency, Mamoru Yanase, acknowledged that the problem was not with cryptocurrencies. “What caused the latest scandal is not crypto itself,” she said, adding that the blame lies with “lax governance, lax internal controls, and a lack of regulation and oversight.”
Magazine: Samsung Bitcoin ETF $700M Drop, Coinbase Exits Japan: Asia Express