Binance’s CZ Calls for ‘Will Function’ to Protect Crypto After Death

Share via:


Binance founder and former CEO Changpeng “CZ” Zhao asked crypto platforms to adopt a “will function” to enable users to distribute their digital assets in the event of their death.

“This is a topic people avoid, but the fact is, humans cannot live forever,” CZ wrote on X. “Every platform should have a ‘will function’ so that when someone is no longer around, their assets can be distributed to designated accounts according to specified proportions,” he said.

The call comes as Binance rolled out a new emergency contact and inheritance…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Popular

More Like this

Binance’s CZ Calls for ‘Will Function’ to Protect Crypto After Death


Binance founder and former CEO Changpeng “CZ” Zhao asked crypto platforms to adopt a “will function” to enable users to distribute their digital assets in the event of their death.

“This is a topic people avoid, but the fact is, humans cannot live forever,” CZ wrote on X. “Every platform should have a ‘will function’ so that when someone is no longer around, their assets can be distributed to designated accounts according to specified proportions,” he said.

The call comes as Binance rolled out a new emergency contact and inheritance…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Website Upgradation is going on for any glitch kindly connect at office@startupnews.fyi

More like this

At TCS AGM, AI-led disruption, automation, geopolitics in focus

The world is facing upheavals on multiple fronts—tariffs,...

Cathy Gao’s bringing the real playbook to TC All...

Growth-stage fundraising is picking up speed again, but...

OpenAI revamps ChatGPT Enterprise pricing structure: WSJ report

OpenAI has changed the pricing structure for the...

Popular

Upcoming Events

a35sd a35sd a35sd a35sd a35sd a35sd a35sd a35sd a3sd a3sd a3sd a3sd a3sd a3sd a3sd a3sd a3sd a3sd a3sd a3s5d a3s5d a3s5d a3s5d kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk kkkk