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Cryptocurrencies

Binance.US CEO Brian Brooks quits after just three months

Resignation of former regulator comes amid intense scrutiny of crypto exchange

Cayman Islands-domiciled Binance is trying to beef up compliance as oversight of the cryptocurrency sector increases.   © Reuters

NEW YORK -- The CEO of Binance.US, the American arm of the world's largest cryptocurrency exchange, has resigned, robbing the company of a heavyweight former regulator as it grapples with increasing scrutiny from authorities around the world.

Brian Brooks said on Friday he was leaving after just three months, citing "differences over strategic direction."

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