Cryptocurrency and the value of trade marks | Allen & Overy LLP
To embed, copy and paste the code into your website or blog: Wirex, a leading cryptocurrency company, has succeeded in its trade mark infringement claim in the Intellectual Property Enterprise Court in London in respect of its CRYPTOBACK mark – used in relation to a credit card reward scheme where customers receive bitcoin as rewards. The case highlights the importance of maintaining records to evidence use of a mark, particularly when relying on unregistered rights, as well as the potential challenges when adopting a newly coined word as a brand name. Background to the case In 2018, Wirex ...
Source: jdsupra.com