Trademarks and patents are often frowned upon in the world of cryptocurrency. This decentralized technology is designed to be free and open to everyone. As such, trademarks and patents can cause a lot of unnecessary hindrances. In the United Kingdom, one company successfully trademarked the word ‘Bitcoin’. A Trademark With Major Implications Trademarking a commonly used term is not all that straightforward. Although one could obtain a trademark for the term “Bitcoin”, enforcing that trademark will be a different matter altogether. After all, the term Bitcoin has been ‘trademarked’ before, but it was never used to prosecute people using this term irrespective of theirPowered by WPeMatico