A company in the United Kingdom has recently managed to acquire the trademark for the term “Bitcoin,” and reportedly used it to threaten a small business owner who’s been selling BTC-themed merchandise on the popular marketplace.
A company called A.B.C. IPHoldings South West LLC had filed for a trademark for “Bitcoin” after submitting the application on Dec. 22, 2017.
The news came as a shock to one merchant who was selling t-shirts on Etsy with the Bitcoin name and was told to stop his operations or be held liable in a court of law. Us publishes latest news and updates about Bitcoin, Blockchain Technology ,Cryptocurrencies and upcoming ICO’s.