Binance’s Regulatory Probes Could Be a Crypto Bellweather

One of the world’s largest cryptocurrency exchanges finds itself in the crosshairs of regulators worldwide. The increased scrutiny could give an idea of how authorities could approach the industry from an enforcement standpoint. Its U.S. head abruptly resigned last week after several months into his new role, citing “differences in strategic direction.” Binance’s CEO said he welcomes regulation and volunteered to step down if warranted.