Ex-UK Chancellor Hammond Becomes Chairman of Crypto Firm Copper
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Philip Hammond, the UK’s former chancellor of the exchequer, was appointed chairman of crypto custodian Copper Technologies Ltd.
Hammond, who had been a senior adviser to the London-based firm since 2021, starts in the role with immediate effect, Copper said in a statement Thursday. He led the UK’s Treasury in the three years after the country’s 2016 referendum to exit the European Union, and was elevated to the House of Lords in 2020.