Changpeng Zhao: Crypto exchanges need a will function

📊 Former CEO of Binance Changpeng Zhao called on all crypto platforms to implement a digital will mechanism. His statement came amid an update to the emergency contact feature on Binance.

➡️ Now Binance users can:

🔵 add a trusted person;

🔵 transfer assets to heirs upon verification of kinship and death certificate;

🔵 notify another user if the account has been inactive for a long time.

🕐 Zhao:

"We are not living forever yet. Platforms must allow users to specify in advance who and in what shares their assets will go to."

📊 According to cryptobraveHQ, $1 billion in crypto assets goes unclaimed annually, benefiting exchanges.

🟢 Zhao also proposed allowing registration for underage users with limited access.

🕕 Earlier, Michael Saylor (Strategy/MicroStrategy) stated that he plans to leave his BTC for the benefit of humanity.

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