World · Infrastructure · Global ·
Banks and regulators test quantum-resistant crypto wallets
Banks and financial regulators from Abu Dhabi, Bhutan, and Malta have begun a pilot program to test post-quantum cryptographic wallets and on-chain transfers. Regulators are initially observing while participating banks develop quantum-resistant infrastructure.
Why it matters for the crypto market
Quantum computing poses a long-term risk to current crypto security; this pilot represents concrete progress toward preparing the industry for post-quantum threats.
Source: cointelegraph.com
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