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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.

Source

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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This article is featured in Bitcoin Magazine’s “The Withdrawal Issue”. Click here to subscribe now.

A PDF pamphlet of this article is available for download.

Letting go of the fiat world also means being able to let go of Bitcoin. Let me explain by telling you a story about how I died.

I grew up in Germany as the oldest of four brothers. My father worked at the local energy company but outside of that he was always politically active. Aged 16, he joined the Social Democratic Party of Germany (SPD) — equivalent to the Democrats in the USA. His

life, and therefore mine, was dominated by the SPD. He spent a lot of time helping with campaigns and doing political work; sometimes it felt…

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Valkyrie Chief Investment Officer (CIO) Steven McClurg has suggested that regulators may approve a spot Bitcoin ETF by the end of November. The U.S. Securities and Exchange Commission (SEC) is anticipated to issue a second request for comments to various spot Bitcoin ETF applicants in the coming weeks, following their initial request in September. Valkyrie, one of the contenders, has reportedly updated its filing. The CIO believes that after the SEC’s new requests, the necessary 19b-4 filings, enabling the listing of spot Bitcoin ETFs, could be approved by month-end.

In a month dubbed ‘Uptober,’ Bitcoin miners celebrated a windfall, with revenues surging by $131.45 million compared to September. The rise in BTC prices significantly boosted earnings, despite a slight $5.44 million dip in fee income. October marked the second-highest monthly revenue of 2023, only trailing behind May. Foundry USA led the pack with 28% of block rewards, followed closely by Antpool with 27%. A total of 43 mining pools contributed an impressive 463 exahash per second to the Bitcoin blockchain. However, October also saw the most significant network difficulty challenge in Bitcoin’s history, hitting 62.46 trillion.