Over the past year, Meta has submitted five trademark applications related to cryptocurrency and blockchain. These involve a range of services related to the trading, exchange, payments, transfers, wallets, and associated hardware and software infrastructure for crypto and blockchain assets.

A Notice of Allowance (NOA) has been issued to Meta for the filings, which signifies that the application meets the registration requirements. Meta is required to either submit a statement confirming its intent to use the trademark or request an extension to file the statement within six months.

Meta’s applications have not escaped the attention of some U.S. lawmakers. Congresswoman Maxine Waters (D-CA) [wrote](https://democrats-financialservices.house.gov/news/documentsingle.aspx?DocumentID=411148) to Meta founder and CEO Mark Zuckerberg and operating chief Javier Olivan, stating, “With its initial filings on March 18, 2022, Meta’s application submissions as of January 22 appear to represent a continued intention to expand the company’s involvement in the digital assets ecosystem.” 

Waters pointed out that despite Meta's assurance to the Democratic Financial Services Committee staff on October 12, 2023, that they were not actively working on digital assets, their recent trademark applications suggest otherwise.

Notably, this is not the first time Meta flirted with the idea of digital assets. In 2019, plans for the payments crypto stablecoin Diem were abandoned due to legislative pressure. In January 2022, they sold Diem for $200 million to the now-defunct Silvergate Bank. Additionally, Meta's previous plan to release a digital wallet called Novi by 2020 also has no new updates.


Congresswoman Maxine Waters is curious too.


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