[Watcher Guru] JUST IN: Binance founder CZ says banks may be more vulnerable to cyberattacks th...

Binance founder Changpeng Zhao said banks may be more vulnerable to cyberattacks than crypto exchanges, arguing that blockchain transparency and on-chain settlement give exchanges an edge over traditional financial institutions. The comment from CZ, who stepped down as Binance CEO in November 2023 after the exchange's $4.3 billion U.S. settlement, comes as tokenized real-world assets and stablecoin volumes increasingly push banks onto blockchain rails. It matters because trust in custody and security is central to institutional adoption of digital assets, and CZ remains one of the industry's most followed voices despite his reduced operational role. Watch for responses from major banks and regulators, and for whether CZ's view gains traction as tokenization pilots expand.