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Japanese multinational tech firm Fujitsu has filed a trademark software with the USA Patent and Trademark Workplace (USPTO) for a brand new branding that intends to supply a variety of monetary providers, together with cryptocurrency brokerage providers. In line with the official doc filed on March 16, the proposed mark consists of the stylized phrase “FUJITSU” with a sideways s-shaped swirl over the “J” and “I.” The brand new branding would assist varied monetary services, akin to accepting deposits, financing loans, monetary administration, and the trade of crypto belongings.
Fujitsu has been more and more within the Web3 know-how house, with the launch of its Web3 acceleration platform in February 2023. The platform goals to assist startups and accomplice firms in creating a various ecosystem of Web3 purposes that span a variety of use instances, together with digital content material rights administration, enterprise transactions, contracts, and processes. The transfer demonstrates Fujitsu’s dedication to driving innovation within the rising Web3 business.
The corporate’s resolution to supply cryptocurrency brokerage providers comes as monetary regulators in Japan name for stricter banking guidelines for the crypto sector. In January 2023, the Deputy Director Common of the Monetary Providers Company’s Technique Growth and Administration Bureau, Mamoru Yanase, urged international regulators to introduce tighter banking guidelines to enhance the crypto business’s governance and inner controls. He acknowledged that the problem wasn’t with crypto know-how itself however with the “unfastened governance, lax inner controls, and the absence of regulation and supervision” that led to current scandals within the sector.
Fujitsu’s transfer into the crypto brokerage providers market indicators its recognition of the rising significance of cryptocurrencies and blockchain know-how within the monetary business. The brand new branding may assist Fujitsu set up itself as a number one supplier of crypto-related monetary providers, leveraging its intensive experience and assets within the know-how sector.
In conclusion, Fujitsu’s trademark software for cryptocurrency brokerage providers and different monetary services demonstrates the corporate’s dedication to the rising Web3 business and its rising curiosity in cryptocurrencies. The transfer may additionally assist Fujitsu set up itself as a number one supplier of crypto-related monetary providers and place itself on the forefront of innovation within the monetary know-how sector.
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