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TechFlow reported on December 20 that, according to Bloomberg, Copper Technologies, a London-based crypto custody firm, has withdrawn its registration application with the UK financial regulator and is shifting focus to overseas markets.
The decision comes after the appointment of Amar Kuchinad as the company's new CEO. Copper will now seek licenses or self-regulatory approvals in jurisdictions such as Switzerland, Hong Kong, and Abu Dhabi.
According to Bloomberg, Copper Technologies, a London-based crypto custody firm, has withdrawn its registration application to the UK financial regulator and shifted focus to overseas markets. The move comes after the appointment of new CEO Amar Kuchinad, as Copper now seeks licenses or self-regulatory approvals in jurisdictions including Switzerland, Hong Kong, and Abu Dhabi.
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