Binance founder Changpeng Zhao (CZ) is urging crypto platforms to introduce a “will function.”
This is to address the growing need for reliable inheritance systems in the digital assets space.
Community Concerns
In a statement shared on X, CZ said, “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.”
The ex-Binance CEO also called on regulators to allow minors to hold crypto accounts that can receive payments but not trade. According to him, this would allow children to legally get digital assets left behind by family members. He emphasized that while inheritance is a sensitive topic, “it’s a feature everyone who has assets on a platform will need once.”
The conversation started with a post from Web3 community builder cryptobraveHQ, who referenced a tweet they had made in April. The crypto commentator pointed out that over $1 billion worth o
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