12-8
Binance Founder Changpeng Zhao Says Hardware Wallets Must Keep Private Keys Non-Exportable on 8 December 2025
On 8 December 2025, Binance founder Changpeng Zhao stated that a secure hardware wallet should never allow a private key to leave the device under any circumstances. He argued that making keys exportable undermines the fundamental purpose of self-custody, especially as more users move to non-custodial solutions in the current market cycle. His remarks, made in line with long-standing guidance from security practitioners, emphasized strict on-device key isolation as essential for protecting digital assets.