🤔CZ proposes "inheritance function" for crypto
CZ suggests that cryptocurrency platforms should implement an "inheritance function" to address the issue of inheriting digital assets when users pass away.
He also proposed allowing minors to own accounts to receive inheritances, but they would not be allowed to trade.
This move aims to address concerns about over 1 billion USD in crypto assets being "stuck" each year due to users passing away unexpectedly.
Currently, Binance has launched the "emergency contact and heir" feature, allowing users to designate beneficiaries for their assets in case the account becomes inactive.
