Binance founder Zhao Changpeng (CZ) pointed out the pain points of crypto asset inheritance on X, while Binance launched its inheritance feature in June. (Background: Has the whale turned into a small shrimp? James Wynn opened another long position in Bitcoin, but it's worth less than $20,000, supporting CZ in promoting dark pool DEX: can explode Hyperliquid) (Additional background: From now on, please call CZ 'Big Cousin'! Thanks to the community for 'this nickname is an honor' while secretly blasting the New York Times) Binance (Binance) founder Zhao Changpeng (CZ) posted on X this afternoon, reminding that if digital wealth lacks an inheritance channel after the holder passes away, it may forever sink into a black hole. He called on every platform to set up a 'will feature' and mentioned that regulations should allow minors to have receiving accounts. This is a topic people usually do not want to mention, but currently, humans cannot live forever. Every platform should have a 'digital will feature': when users are no longer alive, their assets can be automatically distributed to several designated accounts according to a pre-set ratio. Legal and regulatory provisions should also allow minor children to have accounts (even if trading is prohibited, receiving payments should still be allowed). This is a topic people avoid, but the fact is, humans cannot live... https://t.co/RJAuKcJp4A — CZ BNB (@cz_binance) June 19, 2025 Binance launched the inheritance feature. The reason CZ brought up this topic is that Binance launched the 'Emergency Contact and Inheritance' feature in mid-June, allowing users to designate trusted personnel to assist legal heirs in obtaining assets after submitting notifications and legal documents. Some community users have already seen this feature after updating the app. A KOL wrote: 'Every year, there are cases of accidental deaths worldwide, resulting in over a billion dollars in crypto assets being inherited by centralized exchanges,' hoping other exchanges can speed up and launch this inheritance feature. Self-custody challenges can be expected. As cryptocurrency becomes more popular, centralized platforms will likely expand support for this service. However, self-custody users will need to invest more thought; otherwise, if the private key is lost or not communicated to friends and family, the assets will permanently disappear. Experts suggest that users should prepare in advance, using platform inheritance tools or through trusts and professional custody services to create comprehensive plans, safely recording private keys and recovery information, as people always find it difficult to predict accidents. Zhao Changpeng's appeal and Binance's new feature, while not the end, have already opened the curtain on the crypto inheritance issue. Platform innovation, legal support, and user self-discipline will jointly determine whether future assets can avoid becoming an unclaimed 'black hole'.

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