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Binance Founder CZ Says On-Chain Privacy Gap Is Blocking Crypto Payments

Institutional players press for privacy-preserving infrastructure as AI-driven analysis increases the risk of exposing salaries and sensitive business flows.

Overview

  • CZ argued on X and in recent interviews that fully transparent ledgers let anyone infer payroll and other details, calling privacy the missing link for real-world crypto payments.
  • Consensus Hong Kong panelists from Abraxas Capital, JPMorgan and B2C2 said institutions require confidentiality or restricted auditability before shifting large transactions on public chains.
  • JPMorgan’s late-2025 commercial paper issuance on Solana showcased efficiency gains yet underscored that total transparency remains a hurdle for scaling institutional adoption.
  • Experts point to zero-knowledge proofs and business-grade privacy infrastructure that keep transactions private while enabling authorized verification and regulatory compliance.
  • Reporting highlighted rising AI threats—including large-scale ledger analysis and convincing deepfakes—with CZ noting voice-clone realism, as scrutiny also resurfaced over Binance’s Monero delisting and his 2023 guilty plea tied to a $4.3 billion settlement.