PayPal and Western Union have applied for trademark registration for Web 3, Crypto and Metaverse for the following purposes:
– cryptocurrency exchange and transfers;
– trade in goods and cryptocurrencies;
– issue of valuable tokens.
Western Union noted that they are ready to consider the possibility of including cryptocurrency services in their offers.
At the same time, PayPal announced the launch of Checkout with Crypto, a feature that allows consumers to pay for purchases in millions of online companies using crypto assets, at the end of March 2021.