Bithumb Global and Bithumb Singapore, two cryptocurrency exchanges, will no longer be allowed to utilize the Bithumb trademark and brand name as of the end of this month, as Bithumb Ends Trademark Agreements. The operator of the largest South Korean digital currency platform, Bithumb Korea Co., Ltd., has announced the termination of the Trademark License Agreements with the two companies.
According to a preliminary notification issued this week, the contract expiration date has been set for Friday, July 30, 2021. Bithumb highlighted the non-exclusive trademark licensing agreements applicable to Bithumb logos and brand use in the news release.
According to the South Korean exchange, the two platforms have been functioning as independent Foreign Service providers, distinct from Bithumb Korea. Bithumb Singapore and Bithumb Global solely used the Bithumb brand and trademark to build their original company reputation.
https://mycryptoparadise.com/bithumb-cancels-trademark-agreements-with-two-foreign-exchanges/