Quantum Threat Looms Over Crypto Assets as SEC Urged to Act

A recent proposal submitted to the US Securities and Exchange Commission’s (SEC) Crypto Assets Task Force highlights a significant threat: the potential impact of quantum computing on digital assets. Experts warn that advancements in this technology could unravel the cryptographic foundations of Bitcoin, Ethereum, and other digital asset platforms, jeopardizing trillions of dollars in value if safeguards are not implemented.