Quantum Computing Threat: SEC Proposes Framework for Secure Future of Cryptocurrency

A new proposal aimed at safeguarding the financial system from quantum computing’s threat has been submitted to the U.S. Securities and Exchange Commission (SEC) by a leading organization. This initiative, known as the ‘Post-Quantum Financial Infrastructure Framework (PQFIF)’, suggests proactive steps in preparation for the potential disruption of cryptographic standards due to advanced quantum computers. The PQFIF outlines a multi-pronged strategy for securing digital assets, ensuring their resilience against future threats from quantum technology. ]