Binance.US Taps Joshua Sroge to Be Interim CEO
Sroge takes over from Brian Brooks, who resigned unexpectedly after just four months.
The FCA had ordered Binance to cease carrying out regulated activity in the U.K.
The move provides an opportunity to get ahead of the regulatory curve – a sore point for the exchange in recent weeks.
The former Ethereum alternative darling is far off its all-time high for total value locked.
The product was removed in response to an order from the Brazilian Securities Commission.
New customers will have to supply a government ID and pass facial verification to meet Binance's "Intermediate" verification.