Crypto exchange Binance has lost yet another senior executive amid its regulatory woes. Mayur Kamat, Binance's global head of product and design, has resigned, a source with knowledge of the matter told The Block. "We can confirm that Mayur has stepped down from his role as product lead," a Binance spokesperson told The Block. "We are grateful to him for helping guide Binance through some of our most explosive growth and we wish him the very best." Kamat also confirmed his departure, saying he is leaving Binance for "personal reasons" and finishing the transition.