USPTO Patent Grants: Cryptocurrency Management Systems

ChangeBridge: Patent Grants - Business Methods (G06Q)

Published March 24th, 2026

Detected March 25th, 2026

Summary

The USPTO has granted a patent (US12586070B2) to Block, Inc. for cryptocurrency management systems and methods with wireless activation. The patent covers devices designed to conserve power by automatically activating components when a user touches the device or brings a wireless communication device nearby.

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What changed

The United States Patent and Trademark Office (USPTO) has granted patent US12586070B2 to Block, Inc. This patent covers novel cryptocurrency management systems and methods that incorporate wireless activation features. The core innovation lies in a cryptocurrency management device (CMD) designed to conserve power by transitioning components to a sleep state and automatically activating them upon user touch or proximity of a wireless communication device. The circuitry triggering this activation is engineered to continuously monitor for inputs with minimal power consumption.

This patent grant signifies a new intellectual property development in the cryptocurrency management space. While not a regulatory rule, it may influence future product development and competitive strategies for companies operating in the digital asset sector. Compliance officers should be aware of this patent as it pertains to the technology underlying cryptocurrency management and user interaction, particularly concerning power efficiency and activation mechanisms.

Source document (simplified)

← USPTO Patent Grants

Cryptocurrency management systems and methods with wireless activation

Grant US12586070B2 Kind: B2 Mar 24, 2026

Assignee

Block, Inc.

Inventors

Matthew H. Maibach

Abstract

A cryptocurrency management device (CMD) may be used to perform various cryptocurrency management functions, such as storage of cryptocurrency, user authentication, and initiation or processing of a transaction for transferring cryptocurrency. To conserve the power resources of the CMD, components of the CMD may be transitioned to a sleep state for extended periods of time. Such components may be automatically activated by a user touching the CMD or bringing a wireless communication device within range of the CMD. The circuitry of the CMD that triggers the activation are capable of continuously monitoring for such inputs over extended periods of time without consuming significant amounts of power, thereby conserving the power resources of the CMD.

CPC Classifications

H04B 5/79 H04B 5/45 G06K 19/0718 H04L 9/3255 H04L 9/50 H04L 2209/56 H04L 2209/805 G06Q 20/3829 G06Q 20/0655 G06Q 20/3278 G06Q 20/3823 G06Q 20/40145 G06Q 20/0658 G06F 21/32 G06F 21/35 G06F 21/64