The United States congresswoman wants to know what Mark Zuckerberg's Meta is planning to do with its five crypto-related trademark filings lodged with the USPTO.
The United States House Financial Services Committee is putting pressure on Meta to open up about any blockchain or crypto-related plans it may have — given a total of five cryptocurrency and blockchain-related trademark applications still active from 2022.
Committee ranking member Maxine Waters stated in a Jan. 22 letter to Meta founder and CEO Mark Zuckerberg and operating chief Javier Olivan that the trademark applications— all filed on March 18, 2022 — “appear to represent a continued intention to expand the company’s involvement in the digital assets ecosystem.”
Waters said the applications show Meta is working on digital assets despite Meta telling Democratic Financial Services Committee staff on Oct. 12, 2023, “that there is no ongoing digital assets work at Meta.”
