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22.11 - 19:59
No HC relief for Tatas on use of their trademark as crypto coin
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(This story originally appeared in on Nov 03, 2021)
economictimes.indiatimes.comMUMBAI: Bitcoin may be a household name today, but there are various types of cryptocurrencies that exist. Ever heard of a cryptocurrency bearing the trademarks ‘Tata coin’ or ‘$Tata’? Tata Sons, the holding company of the Tata Group, was unsuccessful in its bid to seek a permanent injunction from the Delhi high court restraining Hakunamatata Tata Founders and others from using the trademark ‘Tata’ as part of the name under which the cryptocurrency was made available to the public or as part of their corporate or domain name.
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In September, 2021 El Salvador became the first country in the world to make Bitcoin a legal tender
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