CZ Highlights Privacy Concerns Hindering Crypto Adoption

Binance's CEO emphasizes that privacy issues are a significant obstacle for both individuals and institutions in embracing cryptocurrency.

In a recent discussion, Changpeng Zhao, often known as CZ, shared insights that resonate with other panelists at Consensus regarding the challenges posed by privacy issues in the cryptocurrency landscape.

According to CZ and various institutions, the deficiency in privacy measures is a considerable hindrance to the widespread acceptance of cryptocurrency and blockchain technology, impacting both daily users and institutional investors alike.