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SEC chairman Gary Gensler previously said that the majority of crypto trading platforms should be considered national securities exchanges, thus the need for them to be registered as such.
A full audit could help reassure users that their assets are safe with Binance after FTX lost over $8 billion of customer deposits.
The move is a part of a long-running probe into Binance over potential violations of money-laundering rules, the Washington Post reported.
The SEC raised a question about Binance.US's ability to "consummate a transaction of this magnitude".
Palo Alto, California-based Binance.US, which operates as an independent legal entity and has a licensing agreement with Binance.com, will make a $10 million deposit and reimburse Voyager for certain expenses up to $15 million.