[ad_1]
Meta, the world’s largest social media platform, has applied for trademark registration with Brazilian authorities to design, develop and supply hardware and software for various bitcoins (Bitcoins) (Bitcoin) and encryption related services.
Meta recently from Facebook is for better alignment with the Metaverse Despite the developments it faces amid its many regulatory hurdles Previous attempts to enter the encrypted space.
Accelerate this work, Meta archive Trademarks for crypto products and services related to exchanges, wallets and trading platforms are registered with the National Institute of Industrial Property (INPI) of Brazil.
Further investigation by Cointelegraph revealed a translated version of the specifications for products and services trademarked by Meta, as follows:
“Design, development, and implementation of third-party verification service software for digital currency transactions, including (but not limited to) transactions involving Bitcoin.”
Meta published its application for registration on January 25 and is currently awaiting objections before INPI approval. According to the filing, Meta’s trademark application order was issued from Jamaica on October 5, 2021.
related: Apple shares surge after CEO reveals it’s investing in Metaverse
During the company’s first-quarter 2022 earnings call, Apple CEO Tim Cook said he sees great potential in the Metaverse space, causing Apple’s stock price to suddenly soar.
As Cointelegraph reported, Apple stock (APPL) rose 8% to $167.23 in after-hours trading. In response to one of the questions about Apple’s opportunities in the Metaverse, Cook touched on “the potential of the space and is investing accordingly,” adding:
“We’ve been exploring new and emerging technologies, and I’ve talked about it in detail now that it’s very interesting for us.”
[ad_2]
Source link
