Original sourceCoinLineup
Summary
On August 24, the US Treasury established a Quantum Readiness Working Group to study potential threats of quantum computing to the financial system and plan upgrades for crypto infrastructure, banks, and vendors. The group includes a 'Digital Assets and Emerging Technology Risks' workstream focused…
Key points
- Understanding the long-term risks and regulatory responses of quantum computing to crypto assets helps holders and businesses plan ahead.
- The US government officially includes crypto infrastructure in quantum-safe planning, highlighting the inevitability of future cryptographic upgrades.
- Crypto holders should monitor the post-quantum cryptography upgrade timeline, but asset security is not affected in the short term.
Editorial note
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