<ul><li>Copper Technologies Ltd., a crypto custody firm based in the UK, has withdrawn its application for registration with the Financial Conduct Authority (FCA).</li><li>The company has decided to focus on building its business with new hubs globally, led by its new CEO, Amar Kuchinad.</li><li>Copper has obtained licenses or regulatory approvals in other countries, including Switzerland, Hong Kong, and Abu Dhabi.</li><li>The FCA reported that most of the applications for licensing by crypto firms did not meet regulatory standards, resulting in rejection or withdrawal.</li></ul>

Crypto custody firm Copper withdraws UK registration

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