Bitcoin Magazine store is facing legal action from the Federal Reserve over parody merchandise. The merchandise in question depicts renditions of the FedNow logo – the Fed’s new interbank real-time payment system. 

The Federal Reserve claims Bitcoin Magazine is infringing on its trademarks and misleading consumers into thinking an affiliation exists between the two entities. However, Bitcoin Magazine asserts the merchandise represents protected free speech under fair use parody laws.

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Bitcoin Magazine Store: Parody As Protected Speech

Parody is considered fair use and protected speech under copyright law. The Supreme Court has ruled parodies to be…

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