Bitcoin and Russia have had some tough times so far. The government is not interested in having bitcoin around, but they definitely want to explore the use of blockchain technology in banking and financial sector. However, 'Bitcoin' did get its date with the legal and regulatory system in the country after a trademark of the same name was approved by the concerned authorities. The number of bi...
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United States Patent and Trademark Office (PTO) recently rejected a patent application (Reg 86135516) for the trademark ‘Bitcoin’ filed by Urban Trend LLC, a Californian household product company. The motion came to rest as a part of default judgment, when Urban Trend failed to submit an answer to the patent’s opposer Russ Smith, the owner of Atlantic City Bitcoin, LLC and HELP.ORG LLC. I...