Herein, we developed a copper‐mediated Chan‐Lam type O‐arylation of arylhydroxylamines with arylboronic acids to generate transient N,O‐diarylhydroxylamines that could rapidly undergo cascade [3,3]‐sigmatropic rearrangement and rearomatization to afford NOBIN (2‐amino‐2′‐hydroxy‐1,1′‐binaphthyl) analogues under mild conditions. The newly synthesized racemic biaryl products can be further resolved by