Sroge takes over from Brian Brooks, who resigned unexpectedly after just four months.
The crypto exchange is looking for a U.K.-based ex-regulator or government official, according to people familiar with the plans.
Manuel Alvarez ran California's Department of Financial Protection and Innovation.
The Trump administration's Acting Comptroller of the Currency has joined the U.S. affiliate of the world's largest crypto exchange.
Binance.US has joined the Silvergate Exchange Network (SEN), a 24/7 instant settlement network operated by Silvergate Bank.
Crypto trading colossus Binance created a corporate plan for profiting from the U.S. market while avoiding regulatory scrutiny, Forbes reported Thursday, citing a 2018 document it obtained.