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.

In a tweet today he wrote: "Despite differences over strategic direction, I wish my former colleagues much success. Exciting new things to come!"

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 broad interview with Forbes a few weeks ago, he laid out an expansive vision for Binance.US that went far beyond operating a cryptocurrency exchange. In fact, he said that “the exchange business is not a profitable, long run business”.

He also highlighted the efforts that he was going to take to create further independence from Binance.US, such as adding additional U.S.-based members to its 3-person board and noted that the company was in the middle of an “impressive” fundraising round, saying that term sheets had been signed.

https://www.forbes.com/sites/stevenehrlich/2021/08/06/bitcoin-exchange-binanceus-ceo-brian-brooks-suddenly-resigns-after-only-four-months/?sh=63a547b26500