Binance founder Changpeng Zhao proposed to implement a cryptocurrency will feature on the platforms. He emphasized the need for users to be able to specify in advance who and in what proportions their digital assets will be transferred in the event of death. In connection with the Binance update from June 12, it became possible to designate a trusted person who will receive a notification in case of prolonged account inactivity and will be able to request access to the funds. Many market participants consider such a feature important, as annually over $1 billion worth of assets remain unclaimed in the crypto industry. In the Web3 space, it is also important to consider the transfer of not only tokens but also digital legacies — accounts, content, and influence in the community. This initiative will help ensure safer and more responsible asset management, given the increasing role of digital assets in users' lives.
