<p>Some countries have a strict first-to-file rule. In these countries, if some malicious entity <a href="http://www.techdirt.com/articles/20110707/12090715000/couple-trying-to-trademark-bitcoin-via-dubious-claims.shtml" rel="nofollow">tried to trademark the term 'Bitcoin'</a> it could cause problems for others trying to use it to talk about the currency. Tibanne is trying to protect the community from this kind of nonsense. <a href="https://mtgox.com/press_release_20111014.html" rel="nofollow">Source.</a></p>

CC BY-SA 3.0
2011-10-18T20:57:12.300Z
This is confirmed by the statement they have since made - https://mtgox.com/press_release_20111014.html
Meni Rosenfeld
CC BY-SA 3.0
2011-09-14T09:45:52.753Z
2013-03-30T02:37:20.207Z
2013-03-30T02:37:20.207Z
David Schwartz
<p>Someone on the #mtgox IRC channel pointed me to <a href="http://esearch.oami.europa.eu/copla/trademark/data/010103646">this</a>. It seems to be an application by Tibanne Co. Ltd. for the Trademark name BITCOIN.</p>

<p>I asked MagicalTux on #mtgox about it, but got no answer.</p>

<p>Why is he doing this?</p>

<exchanges><economic-theory><mtgox>
Why is MtGox trying to trademark "Bitcoin"?
molecular
# Why is MtGox trying to trademark "Bitcoin"?

(Asked by: username_0 on 2011-09-14)

Someone on the #mtgox IRC channel pointed me to [this](http://esearch.oami.europa.eu/copla/trademark/data/010103646). It seems to be an application by Tibanne Co. Ltd. for the Trademark name BITCOIN.

I asked MagicalTux on #mtgox about it, but got no answer.

Why is he doing this?

**Tags:** exchanges, economic-theory, mtgox


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## 1 answers

### Answer by username_1 on 2011-09-14. Score: 14

Some countries have a strict first-to-file rule. In these countries, if some malicious entity [tried to trademark the term 'Bitcoin'](http://www.techdirt.com/articles/20110707/12090715000/couple-trying-to-trademark-bitcoin-via-dubious-claims.shtml) it could cause problems for others trying to use it to talk about the currency. Tibanne is trying to protect the community from this kind of nonsense. [Source.](https://mtgox.com/press_release_20111014.html)

> **Comments:**
> **username_2**: This is confirmed by the statement they have since made - https://mtgox.com/press_release_20111014.html  

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