Ken Chigbo
Independent Analyst
- Samsung filed a trademark form with the UK IPO office, as they seek to launch “Samsung Crypto Wallet”.
- This suggesting the electronics giant are close to integrating blockchain technology into their future devices.
Samsung, electronics giant, are set to launch their own blockchain and cryptocurrency based smartphone. They are in the process of obtaining a trademark in the United Kingdom for Intellectual Property Office.
In terms of the trademark filing, it details that Samsung are considering integration of a cryptocurrency wallet, to slot into its smartphones. As a recap, there was previous speculation that suggested Samsung had plans to include a cryptocurrency cold wallet in its Galaxy S10 phone. Separately, in December 2018, Samsung had filed three trademark applications for Blockchain and Cryptocurrency software in the EU.
Further within the filing, which was seen last week, with the United Kingdom IPO, which is the office that approves or disapproves marks and business names, backs the above speculation. It detailed that Samsung are seeking the approval for the “Samsung Crypto Wallet” trademark, to facilitate a crypto wallet within their electronic devices.
Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer. Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management. Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
Recommended Content
Editors’ Picks
Bitcoin slightly recovers after sharp sell-off following Fed rate cut decision
Bitcoin (BTC) recovers slightly, trading around $102,000 on Thursday after dropping 5.5% the previous day. Whales, corporations, and institutional investors saw an opportunity to take advantage of the recent dips and added more BTC to their holdings.
Aave Price Forecast: Poised for double-digit correction as holders book profit
Aave (AAVE) price hovers around $343 on Thursday after correcting more than 6% this week. The recent downturn has led to $5.13 million in total liquidations, 84% of which were from long positions.
Memecoins DOGE and PEPE approaches key levels: Eyes for a recovery
Dogecoin and Pepe prices retest their crucial support level on Thursday after declining more than 10% this week. Sideline investors seeking to accumulate dog-themed and frog-themed memecoins may consider doing so at their support levels for a potential recovery rally ahead.
Crypto market bleeds following hawkish rate cut decision by Fed
Bitcoin and the crypto market are down on Wednesday following the Federal Open Market Committee (FOMC) announcement to slow down rate cuts in 2025, with the benchmark federal funds rate declining to a lower range of 4.25% to 4.50%.
Bitcoin: BTC reclaims $100K mark
Bitcoin briefly dipped below $94,000 earlier this week but recovered strongly, stabilizing around the $100,000 mark by Friday. Despite these mixed sentiments this week, institutional demand remained strong, adding $1.72 billion until Thursday.
Best Forex Brokers with Low Spreads
VERIFIED Low spreads are crucial for reducing trading costs. Explore top Forex brokers offering competitive spreads and high leverage. Compare options for EUR/USD, GBP/USD, USD/JPY, and Gold.