UK-Based Company Secures ‘Bitcoin’ Trademark; Serves Etsy Seller with Cease and Desist
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UK-Based Company Secures ‘Bitcoin’ Trademark; Serves Etsy Seller with Cease and Desist

THELOGICALINDIAN - A UKbased aggregation has succeeded in accepting a registered brand for the chat Bitcoin for three altered asset classes The brand holder has allegedly served an Etsy agent with a cease and abandon adjustment for application the BTC logo on his themed Tshirts

A.B.C. IPHoldings South West, LLC, a UK-based aggregation and accessory of Monopolip LTD, has managed to defended a acknowledged trademark registration for the appellation “Bitcoin” in three altered asset classes as it follows:

The buyer of Monopolip LTD is Kjell Halvor Landsverk, a Norwegian entrepreneur. Despite the actuality that there’s not a lot of advice surrounding the aggregation or its owner, registering the “Bitcoin” brand does assume to abatement in band with its attributes of business dealings.

Public information on UK’s Aggregation House official website shows that one of the two capital fields of ability of Monopolip LTD is “Leasing of bookish acreage and agnate products, except absorb works.” What is more, the aggregation does assume to accept activated for addition potentially absorbing brand for the appellation “Westworld,” which is currently a accepted HBO series.

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Despite the actuality that the “Bitcoin” brand has been accustomed and entered in the official agent on April 13th, 2018, it seems that the IP holder doesn’t plan to lose any time. A Reddit thread popped on May 25th, a little over a ages afterwards the brand had been registered, acquaint by a being who says that he has been served with a cease and abandon adjustment to burden from furthering his conduct.

The user says that he has been affairs T-shirts on Etsy. Some of his items assume to be accompanying to cryptocurrency and Bitcoin, accustomed the BTC logo on them.

What is more, the user has attached a redacted adaptation of the letter, analogue the demands of the brand holder, which includes surrendering all trademark-infringing banal and profits fabricated to the brand holder.

There’s no added accuracy on the amount and it charcoal ambiguous how a acutely alien aggregation has managed to acreage a brand on one of the hottest, boilerplate agreement in the aftermost year. Community acknowledgment has absolutely been on the ancillary of the Etsy seller, which is applicable due to the decentralized attributes of the cryptocurrency.

Do you anticipate “Bitcoin” is a appellation which should be acceptable for brand registration? Please let us apperceive in the comments below!

Images address of the Bitcoinist athenaeum and Shutterstock.