According to BeInCrypto, on Friday a regulatory discussion on quantum risks was led by BeInCrypto at the United Nations Headquarters during the Government Blockchain Association’s Future of Money, Governance and the Law summit. The topic focused on how financial systems might be affected by advances in quantum computing, including concerns about potential impacts if quantum computers could break widely used encryption methods.
The discussion addressed whether quantum computers remain years away from being able to break modern encryption at scale, or if the emergence of “Q-Day”—a term sometimes used to describe a hypothetical point when quantum computers can effectively compromise current cryptographic standards—is closer than previously assumed. Regardless of the timing of such an event, governments are taking proactive steps in response. The summit brought together representatives from various government agencies and blockchain associations to consider regulatory and policy approaches.
No specific timelines, technical assessments, or policy recommendations were provided in the discussion summary. The focus remained on early dialogue among participating governments about preparedness, governance frameworks, and coordination across financial institutions. The event reflected increasing international attention on emerging technological risks to critical infrastructure, including payment systems, digital identities, and secure communications.
