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 services.
Fujitsu’s trademark application seeks to register a new mark that “consists of the stylized word FUJITSU with an S-shaped side swirl above the J and I,” according to the official document filed on March 16. The new brand would be 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 was highlighted when it launched a Web3 acceleration platform for startups and partner companies in February. The goal of the platform is to support the creation of a diverse ecosystem of Web3 applications across a range of use cases, such as digital content rights management, business transactions, contracts, and processes.
In early 2023, Japan’s financial regulators urged global regulators to introduce stricter banking rules for the cryptocurrency sector.
「当社 における 客 様 の 資産 の 管理 状況 等 (1月 16日 時 点」 お知らせ を 掲載 まし まし た。 こちら ご ご 確認 ください 。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.”
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