Binance co-founder Changpeng “CZ” Zhao warns crypto’s lack of privacy blocks everyday adoption, echoing CoinDesk Consensus Hong Kong panelists who called it a barrier to widespread institutional use.

Blockchain’s total transparency gets hyped as the ultimate democratization middle finger to shady banks and Wall Street fat cats operating in the dark. But here’s the catch: it means anyone globally can snoop on your send amounts, wallet balances, and deals.

Picture wiring your salary or sealing a big business move that has the whole world reading every digit – not desirable, right?

That’s precisely the issue here. Crypto’s been screaming for Main Street and Wall Street adoption for years, yet this same “killer feature” of zero privacy is…