Mr. CZ Identifies Lack of Privacy as a Barrier to Cryptocurrency Payment Adoption

2026/02/16 10:59 (Updated 2026/02/16 14:01)

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Written by Enzo

Mr. CZ Identifies Lack of Privacy as a Barrier to Cryptocurrency Payment Adoption

Employee Salaries Exposed with On-Chain Payment

On the 15th, former Binance CEO Changpeng Zhao (CZ) emphasized on platform X the essential need for privacy protection to facilitate the adoption of cryptocurrency payments.

CZ mentioned, 'When companies pay their employees in cryptocurrency on-chain, clicking on the sending address reveals everyone's salary amounts,' highlighting that inadequate privacy protection is the biggest structural barrier preventing mainstream adoption of cryptocurrencies.

This statement followed a discussion with investor and host of the 'All-In Podcast,' Chamath Palihapitiya.

MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30

Interview: Iolite FACE vol.18 Takeshi Chino, Representative Director, Binance Japan PHOTO & INTERVIEW: Mai Shin Special Features: “Future Money — The Current State of Value Transfer” “Upcoming Amendments to Japan’s Crypto Asset Regulations” “The Reality of IEOs” Crypto Journey Beyond a Treasury Company: Becoming an Ethereum Evangelist — The Essence and Determination Behind HODL1’s Digital Asset Treasury (DAT) Strategy Interview with Hiroki Tahara, Representative Director, Kusim Inc. (now HODL1) Series: “Expert Perspectives on Interpreting Volatile Crypto Markets” — Kasou NISHI Series Tech and Future — Toshinao Sasaki …and more

MAGAZINE

Iolite Vol.18

March 2026 issueReleased on 2026/01/30