Bitcoin Exchange Binance.US CEO Brian Brooks Suddenly Resigns After Only Four Months

Bitcoin Exchange Binance.US CEO Brian Brooks Suddenly Resigns After Only Four Months

Binance.US CEO Brian Brooks has resigned a mere four months after joining the U.S. franchise of the world’s largest cryptocurrency exchange Binance.com.

He assumed the position on May 7th after a highly productive role as the Acting Comptroller of the Currency, where he oversaw the federal banking regulator issue the first national banking charter to a cryptocurrency company, Anchorage Digital, and provided guidance and interpretive letters clearing the way for banks to hold collateral underpinning stablecoins and participate in the clearance and settlement on blockchain-based transactions.

In a statement on Twitter confirming Brook’s resignation, Binance.com CEO Chanpeng Zhao wrote:

No further reason was given for the resignation, and a spokesperson for Brooks declined to elaborate.

Attention will now turn to who will be his successor. His predecessor, Catherine Coley, has remained quiet since she was replaced by Brooks.

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