A Czech group of crypto enthusiasts called Paralelní Polis received a warning from the country's Central Bank withdemand to stop issuing its own coins.
According to representatives of Paralelní Polis, the CzechNational Bank (CNB) is asking the startup to stop using the word “coin” to describe the silver collectible token it produces.
Each coin features one of three famous members of the crypto community: Ross Ulbricht, Julian Assange, and Aaron Schwartz.
It should be noted that in 2018 the Czech government issued a law that makes CNB the sole copyright holder for the word “coin”.
On a startup’s twitter:
The Czech National Bank sent usan official threat demanding to stop using the word “Mince” (coin) on our website. Otherwise, we will be forced to pay fines. The bank declares that it has a monopoly on the word.
Based on materialscointelegraph.com