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Crypto wallets increasingly vulnerable to quantum computing threats

Douglas McClure, Manager, Quantum Engineering, IBM Research, working on IBM Q System One quantum computer on October 18
Photo: Misha Friedman/Getty Images

Crypto wallets relying on public-key cryptography may be increasingly exposed to quantum attacks. Europol highlights ways forward. 

The evolution of cryptocurrencies in recent years has invited increased scrutiny, including from regulators and financial institutions, as most jurisdictions are developing policies and market practice is progressing.

Rapid technological developments, including in AI and most recently quantum computing, are increasing the risks across security of different asset classes. In

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