bitcoinBTC/USD
$ 20,129.00
ethereumETH/USD
$ 1,133.87
tetherUSDT/USD
$ 0.999795
cardanoADA/USD
$ 0.456514
xrpXRP/USD
$ 0.32324
usd-coinUSDC/USD
$ 1.00

Another British Politician, Philip Hammond, Joins the Crypto Industry

Another British Politician, Philip Hammond, Joins the Crypto Industry

Philip Hammond, former British chancellor, is now an advisor of Copper, the UK cryptocurrency custodial group. His role there will be that of a senior advisor, offering strategies that will help Copper grow globally. As of now, the London start-up has already expanded in the US and there are hopes to also open offices in Asia.

Cooper, which started in 2018, builds infrastructure services for the digital asset sector, such as prime brokerage, custody, and settlement, has around 400 institutional clients, and keeps attracting new ones. The company made a total of $75 million from investors this summer.

Among the company’s supporters happened to be Lord Hammond that referred to it as a ‘true pioneer’ and a great chance to embrace the latest technology for financial matters.

The idea is for the most talented of British people, be it from industry, governments, or regulators and entrepreneurs, to join forces in building blockchains for financial services, declares Hammond. The former chancellor adds that doing so would enable a stronger position for the UK leadership in this department. 

The politician is not the only one to rejoice over this partnership, the crypto company is also happy to have him on board. Copper’s CEO, Dmitry Tokarev, expressed his delight in welcoming the new member. As the crypto start-up is interested in growing globally, Lord Hammond will be a valuable asset for this purpose, believes the CEO. 

The financial aspect of the Hammond-Copper collaboration has not been revealed. The first abandoned politics in 2019 and only a year later was appointed as a life peer, an important title in Britain. He also worked as an advisor for OakNorth Bank.

Lord Hammond is only one among the big political names to join the world of cryptocurrencies. Andrew Hammond, a member of the Treasury Select Committee became part of IronX, the crypto exchange, in October 2018. Similarly, Matt Hancock, a U.K. member of parliament expressed his big support for blockchain technology during a London conference in April 2018.

Also read: UK Users Can Trade Bitcoin, Ethereum, and Other Cryptocurrencies on PayPal

 

Also read:

Related News

LuckyBlock is a worldwide game and competition platform with play to earn rewards using blockchain protocols. They have already given many prizes to the participants of the game.

Lucky Block Partners with Crypto Academy

Lucky Block has partnered with Crypto Academy, as we look forward to many updates and launches ahead.  Lucky Block has reached a partnership with Crypto Academy, the renowned Crypto Marketing Agency, and Informational and Educational portal. With an incredible success rate in helping cryptocurrency-focused startups grow in the industry, the partnership with Crypto Academy is a stepping stone in the exciting journey ahead for Lucky Block. LuckyBlock is a worldwide

Read More »
The withdrawal limit for traders has been temporarily lowered by cryptocurrency-backed loans provider CoinLoan.

The Withdrawal Limit Temporarily Reduced by CoinLoan

The withdrawal limit for traders has been temporarily lowered by cryptocurrency-backed loans provider CoinLoan. The corporation cited the present market crash as the reason for the decision. Due to the change, customers are now limited to a $5,000 maximum withdrawal limit each day. In their announcement, they noted the following: “the interest we pay on the Interest Accounts is yielded by issuing overcollateralized loans to other platform users. Hence in some

Read More »
The price may perhaps clear the $1,200 obstacle above the next significant resistance, which is located close to the $1,180 zone.

New Surge in Sight As Ethereum (ETH) Gathers Momentum

Following a period of stability at $1,000 versus the US Dollar, Ethereum (ETH) enters a new uptrend. Above the $1,150 barrier level, Ethereum (ETH) can move much higher. Near the $1,070 region, the pricing was able to overcome a few significant obstacles. Even the 61.8 percent Fib retracement level of the significant decline from the swing high of $1,235 to the low of $997 was tested by the price. The

Read More »

My Coins

bitcoinBitcoin
$ 20,129.003.88%
ethereumEthereum
$ 1,133.874.73%
cardanoCardano
$ 0.4565142.37%
tetherTether
$ 0.9997950.03%

Newest Videos on YouTube

We inform and educate people about Cryptocurrencies and Blockchain technology.

© Copyright 2021, All Rights Reserved,
Crypto Academy

Bitcoin

Contact Us

For any question conatct us through:

sales@crypto-academy.org

Disclaimer: All information and materials on this website are for educational purposes only. Crypto-academy.org does not provide any form of financial advice. Cryptocurrencies are highly volatile, therefore any form of investing carries a high level of risk to your capital. It is recommended that you seek professional advice prior to implementing any investment or financial plan.

We do not ask you for your Cryptocurrency / We do not hold your Coins / We do not ask for Private Keys / Be aware of scammers and imposters.

Contact us only through: sales@crypto-academy.org