Death and cryptos: the unprecedented function that Changpeng Zhao wants for all users

Taking care of your cryptocurrency during his lifetime is already a headache. Between the fear of theft, the risks of hacking or the threats of kidnapping, caution is queen. But what's going on after our death? This question, still taboo in the web3 universe, returns to the table with Binance's latest initiative. It raises such a universal as unconformable problem: how to transmit what we have so much protected without losing track?

Orphan crypto: when the active ingredients disappear with their holders

Each year, more than a billion dollars in crypto disappear due to unmanned death. The figure is cold in the back. Unlike conventional money, it is impossible to contact a banker or provide a death certificate to unlock a wallet. Without private keyyour digital assets become inaccessible memories.

In a post published on X, CZ sums up the emergency:

People avoid this subject, but humans are not eternal. Each platform should offer a testamentary function.

The idea? Allow users to designate beneficiary accounts with a distribution defined in advance.

This feature, Binance launched it on June 12, 2025. It allows report emergency contact after prolonged inactivitypaving the way for an inheritance request.

But this advance does not solve everything. @Uniswap12, active user of Binance, expressed A more subtle reserve : ” My Binance account contains essential intangible assets, such as my publications, my 72,000 subscribers. For me, it's worth more than money ».

Testamentary function: to a new web3 standard?

What CZ offers go Beyond a simple technical functionality. He sketches a new standardwhere death is no longer a black hole, but a passage point. By integrating A “Will Function”the platforms do not only meet a moral necessity: they establish a form of continuity, almost heritage, in an ecosystem renowned for its volatility.

For @binn1190, this evolution is A demonstration of authentic decentralization ::

Banks rarely release the assets of the deceased. Knowing that our values ​​can be transmitted strengthens confidence.

In parallel, CZ suggests opening accounts to minors, so that they can be beneficiaries without trading. A measure which remains to be framed but which opens the debate.

But this will comes up against of the still vague legal realities. In the United States, cryptocurrencies are considered personal property, comparable to furniture or actions. It is therefore impossible to apply the traditional mechanisms of life insurance or bank accounts. In the event of death without the testament, the law of succession of the State applies, but Without the private key, the heritage remains inaccessible.

The solution? A double approach: a classic will accompanied by technical instructions, kept in a secure manner. Never register his keys in the will himself, because he becomes public during the succession trial.

Crypto inheritance: What becomes of our digital identities?

Digital death goes beyond the framework of wealth. The question arises today: what becomes of your “you” crypto? Your followers, your SBT tokens, your identifiers linked to wallets are not only assets. They are your trace, your web3 footprint.

@Uniswap12 rightly alerts this intangible value. His Binance account, like others, is much more than a wallet. It is an influence platforma recognition space. He requests a solution inspired by telephone operators: an integral transfer of the account to the designated beneficiary.

But the web3, by its very design, is based on intransferable links. The “Soulbound Token” is precisely made for be attached to a unique identity. How to inherit from what can neither be divided nor sold? The debate is launched.

Some figures that speak for themselves:

• More than $ 1 billion in crypto not claimed each year after unforeseen deaths;
• 72,000 subscribers on the Binance account of @uniswap12, example of intangible influence;
• Average age of crypto holders: 27 to 42 years old;
• Binance launched his “Will Function” on June 12, 2025;
• Crypto is not covered by traditional inheritance banking mechanisms.

Preparing for the transfer of bitcoins and cryptos is a real issue. Reflections have existed for several years, especially on the transfer of bitcoins after death. Technical and legal avenues have been put forward. But nothing will replace a collective awareness.