- On March 16 the trademark application was posted by Fujitsu.
- In Feb, Fujitsu released a Web3 acceleration platform.
Fujitsu, a significant Japanese technology company, has requested a trademark using the US Patent and Trademark Office (USPTO). Indicating its intention to supply cryptocurrency buying and selling brokerage services, among other crypto and non-crypto financial facilities.
Based on the March 16 trademark application posted by Fujitsu. The organization needs registration of the new mark that “consists from the stylized word FUJITSU having a sideways s-formed swirl within the J and that i.”
Furthermore, the name and emblem should convey that the organization provides banking services. For example deposit and loan financing, asset management, and cryptocurrency buying and selling.
Also, in Feb, Fujitsu shown its dedication to Web3 by releasing a Web3 acceleration platform for startups and partner firms. Fujitsu, a Japanese multinational technology business, had announced the discharge of the new platform to assist Web3 developers everywhere.
Tighter Approach by Japan
Fintech Occasions states Fujitsu’s Web3 Acceleration Platform can help startups, partner companies, and academic institutions create Web3 services and applications by supplying an improvement atmosphere, blockchain-based service APIs, high-computing technologies, simulations, artificial intelligence, and combinatorial optimization.
Furthermore, Japan’s financial government bodies happen to be vocal forever of 2023. About the requirement for tighter banking rules within the cryptocurrency industry.
In addition, Mamoru Yanase, deputy director general from the Strategy Development and Management Bureau from the Financial Services Agency, stated the issue wasn’t associated with crypto. He continued to state that loose governance, inadequate internal controls, and the possible lack of legislation and oversight were the reason for the current incident, not crypto technology itself.
