Galaxy Digital committed up to $5 million in grants for open-source developers to build post-quantum cryptography for Bitcoin and formed a quantum advisory council. This initiative addresses concerns about Bitcoin's security against future quantum computers, with experts debating the timeline for a breakthrough.
The White House has accelerated deadlines for government agencies to adopt quantum-resistant encryption, requiring "high-value assets" to transition by Dec 31, 2030, and signature schemes by Dec 31, 2031. This move reflects new research suggesting quantum computers are closer than previously thought.
President Trump has moved the federal deadline for adopting post-quantum cryptography from 2035 to 2031. Experts are divided, with some calling it overdue and others too slow, highlighting the urgency and complexity of preparing for quantum threats.
President Trump signed executive orders to secure federal systems against quantum computers by 2031 and accelerate quantum computing development. This move heightens concerns for Bitcoin, with nearly 7 million BTC potentially vulnerable to quantum attacks, and highlights the slow pace of upgrading decentralized networks.
NIST finalized post-quantum cryptography standards in August 2024 with a 2035 deprecation deadline, forcing crypto projects to demonstrate concrete quantum-readiness plans. Coinbase warns that roughly 13.6 million Bitcoin addresses have exposed public keys, while Google's research shows quantum computers could break elliptic-curve cryptography with fewer than 500,000 physical qubits. Projects without clear migration roadmaps risk losing institutional credibility.
NIST finalized post-quantum cryptography standards in August 2024 with a 2035 deprecation deadline, prompting Coinbase and Google to publish migration roadmaps. The crypto industry faces a full-stack migration challenge across consensus layers, wallets, exchanges, and hardware, with vendors like Trezor and AWS already marketing quantum-ready products. The convergence of these directives transforms post-quantum planning from a technical debate into a governance and credibility test, where firms with concrete end-to-end migration plans may gain institutional advantage.
Ripple announced a multi-stage plan to prepare the XRP Ledger for post-quantum cryptography with a 2028 target for full readiness, responding to Google Quantum AI research showing roughly 500,000 physical qubits may be enough to attack ECDLP-256 cryptography. The four-phase roadmap begins with contingency planning in 2026, followed by research and testing, controlled environments on Devnet, and a production transition involving a new XRPL amendment.
