Meta has been wanting to enter the crypto industry for a long time. It started with its stablecoin called Libra which was later rebranded to Diem but the idea was shot down by authorities. At last, Diem was shut down and sold to another firm but the dreams of the firm did not die. In this report, we will discuss 8 trademark applications that the firm has filed with the United States Patent and Trademark Office, or USPTO.
Below, we will discuss all the 8 filings that Meta had submitted to the USPTO and what could that mean for the social media platform in the near future which already plans to integrate NFTs in one of its social media giants, Instagram.
Despite its constant efforts, Meta has always remained under the eyesight of regulatory authorities due to a number of reasons, and its plans to enter the metaverse are no different. Furthermore, recently, we also noted that Meta got into trouble with the ACCC because one of its social media applications, Facebook, displayed advertisements for crypto scams.
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