Privacy news: Binance co-founder CZ echoes Consensus panelists on lack of privacy blocking crypto adoption

Crypto Economy

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Key news points: Changpeng Zhao (CZ) warned that the transparency of Bitcoin and Ethereum exposes the wages and financial data of companies and their employees. Artificial intelligence can analyze public transactions, identify patterns, estimate funds under control and reveal business relationships. Adopting crypto corporate payments depends on on on-chain technologies that guarantee privacy, such as zero-knowledge testing. Changpeng Zhao, found…

DiarioBitcoin

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Changpeng Zhao, known as CZ and founder of Binance, returned to the center of the debate on cryptocurrencies payments by stating that privacy remains the “lost link” that prevents massive adoption. In an industry that wants to compete with the payment experience of cards and banking apps, his statements reopen an uncomfortable discussion: how to offer more private day-to-day transactions without clashing with compliance and oversight requirement…

criptonoticias.com

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Binance founder Changpeng Zhao warns that Bitcoin and cryptocurrencies lack sufficient privacy features. Read more