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  <p class="is-style-lead">Mike Kondoudis, a licensed trademark attorney, has confirmed that the US Patent and Trademark Office (USPTO) officially registered the TD Logo for crypto purposes.</p> 
  <p>Among cited examples include payment gateway services and payment processing using cryptocurrency units, signalling the bank’s growing involvement in the industry.</p> 
  <h2 class="wp-block-heading" id="new-registrations">New registrations</h2> 
  <p>In a July 12 tweet, Kondouis shared the new U.S. cryptocurrency trademark registration for The Toronto-Dominion (TD) Bank, one of the top 10 North American banks, on July 4. </p> 
  <p> You might also like: <a href="https://crypto.news/binance-withdraws-from-canada-following-additional-crypto-regulations/" rel="noopener noreferrer nofollow"> Binance withdraws from Canada following additional crypto regulations </a> </p> 
  <p>The summary mentions the registration of IC 035 for statement production and financial statement preparation services for third parties. </p> 
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  <p>It also includes IC 036 for various banking services such as financial asset management, financial security brokerage, lending services–in consumer, commercial, real estate, andwholesale–, payment gateway services over a network connection, and processing electronic payments through debit, credit, and gift cards, online transfers, and cryptocurrency units.</p> 
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     <p lang="en" dir="ltr">BREAKING: TDBank continues its moves into crypto!<br><br>The <a href="https://twitter.com/hashtag/USPTO?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#USPTO</a> has registered Toronto-Dominion Bank’s TD Logo for:<br><br> 🪙Payment gateway services<br><br> 🪙Payment processing made through…units of cryptocurrency<br><br>…and more!<a href="https://twitter.com/hashtag/DeFi?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#DeFi</a> <a href="https://twitter.com/hashtag/Crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Crypto</a> <a href="https://twitter.com/hashtag/Cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Cryptocurrency</a> <a href="https://twitter.com/hashtag/Trademarks?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Trademarks</a> <a href="https://twitter.com/hashtag/TDBank?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#TDBank</a> <a href="https://t.co/DIcrGDVDyJ" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/DIcrGDVDyJ</a></p>— Mike Kondoudis (@KondoudisLaw) <a href="https://twitter.com/KondoudisLaw/status/1679116521413517313?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 12, 2023</a> 
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  <p>Prior to this announcement, the attorney shared the submission of trademark applications for Shelby, for avatars and virtual cars, and the basketball player Donovan Clingan on July 10.</p> 
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     <p lang="en" dir="ltr">The rate of new 2023 US <a href="https://twitter.com/hashtag/crypto?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#crypto</a> trademark applications is still off about 66% from 2022<br><br>Jan: 218<br>Feb: 174<br>Mar: 216<br>Apr: 148<br>May: 177<br>June: 144<br><br>Jan – June 2023 = 1077 apps<br>Jan – June 2022 = 3314 apps<a href="https://twitter.com/hashtag/Cryptocurrency?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Cryptocurrency</a> <a href="https://twitter.com/hashtag/DeFi?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#DeFi</a> <a href="https://twitter.com/hashtag/Blockchain?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Blockchain</a> <a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Bitcoin</a> <a href="https://twitter.com/hashtag/Ethereum?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Ethereum</a> <a href="https://twitter.com/hashtag/Web3?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Web3</a> <a href="https://twitter.com/hashtag/Metaverse?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Metaverse</a> <a href="https://twitter.com/hashtag/NFT?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#NFT</a> <a href="https://t.co/l4BbEUPrr4" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/l4BbEUPrr4</a></p>— Mike Kondoudis (@KondoudisLaw) <a href="https://twitter.com/KondoudisLaw/status/1679121444649697282?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 12, 2023</a> 
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  <p>Although a few major players have made Kondouis’ tweets, the attorney shared another tweet on July 12 stating that the rate of new 2023 US crypto trademarks has decreased from previous years.</p> 
  <p> You might also like: <a href="https://crypto.news/fifa-files-metaverse-related-trademarks/" rel="noopener noreferrer nofollow"> FIFA files metaverse-related trademarks </a> </p> 
  <p>In the announcement, he shares that from January to June 2022, over 3314 applications were sent in, a 66% decrease from the same period this year, which saw 1077 applications.</p> 
  <h2 class="wp-block-heading" id="td-bank-financial-institutions-experimenting-with-blockchain">TD Bank, financial institutions experimenting with blockchain</h2> 
  <p>TD Bank has also shown involvement in the crypto space joining big names, including the Bank of New York Mellon, Citibank, HSBC, PNC Bank, Swift, Truist Bank and Wells Fargo, in a 12-week proof of concept for a shared ledger system aimed at facilitating instant cross-border transactions in USD, with regulators actively involved.&nbsp;</p> 
  <p>The initiative, known as the Regulated Liability Network (RLN), aims to address the need for real-time settlement, especially during holidays and weekends, enabling businesses to make payments seamlessly using U.S. bank holidays and weekends while operating on a shared ledger that includes central banks, commercial banks, and electronic money on the same chain.</p> 
  <p>Although the outcome of the pilot is still unknown, the continued interest by institutional players presents a positive message for the future of digital currencies.</p> 
  <p> Read more: <a href="https://crypto.news/new-york-federal-reserve-major-u-s-banks-successfully-complete-private-test-using-dlt/" rel="noopener noreferrer nofollow"> New York Federal Reserve, major U.S. banks successfully complete private test using DLT </a> </p>
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TD Bank registers logo with USPTO for crypto payment services

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