RFI

Policy and Re
2026-08-24 06:03:38

RFI and Safeheron launch quantum-resistant transfer pilot with banks and regulators

Responsible Fintech Institute and crypto custody infrastructure provider Safeheron have launched a pilot for quantum-resistant digital asset wallets and onchain transfers, with participants drawn from Europe, the Middle East, and Asia. The pilot runs on a quantum-resistant NEAR testnet and uses a multi-party computation protocol that supports the ML-DSA-65 standard. Participating regulators include Abu Dhabi Global Market, Bhutan’s Gelephu Financial Services Office, and Malta’s Financial Services Authority, while Bison Bank and DK Bank are involved as financial institutions. Under the setup, banks will test wallet creation and transfers in a shared application environment. Regulators will observe in the first phase before taking part in governance workflows later. The organizers said they plan to publish a white paper covering the research, protocol design, and test results, and will gradually open-source the underlying technology. Cointelegraph also noted that the Hong Kong Monetary Authority aims to have Hong Kong’s banking sector fully prepared for quantum security risks by 2030, while a 2025 report from the Bank for International Settlements recommended that financial institutions migrate to post-quantum systems in phases.

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RFI and Safeheron launch quantum-resistant transfer pilot with banks and regulators
Policy and Re
2026-08-24 06:03:52

RFI and Safeheron launch pilot for post-quantum wallets and onchain transfers

Responsible Fintech Institute, or RFI, and crypto custody infrastructure provider Safeheron have launched a pilot focused on post-quantum digital asset wallets and onchain transfers. Participants are drawn from Europe, the Middle East, and Asia. The pilot runs on a post-quantum NEAR testnet and uses a multi-party computation protocol that supports the ML-DSA-65 standard. Regulatory participants include Abu Dhabi Global Market, Bhutan’s Gelephu Financial Services Office, and Malta’s Financial Services Authority. Bison Bank and DK Bank are taking part as financial institutions. In the first phase, banks will test wallet creation and transfers in a shared application environment, while regulators will observe before joining governance workflows at a later stage. The organizers also plan to publish a white paper covering the research, protocol design, and testing results, and to gradually open-source the underlying technology. The update comes as the Hong Kong Monetary Authority aims to have Hong Kong’s banking sector fully prepared for quantum security risks by 2030, while a 2025 report from the Bank for International Settlements recommends that financial institutions migrate to post-quantum systems in phases.

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RFI and Safeheron launch pilot for post-quantum wallets and onchain transfers
quantum-resis
2026-08-24 05:51:29

Banks and regulators join pilot for quantum-resistant crypto wallets and transfers

Banks and financial regulators from Europe, the Middle East and Asia have joined a pilot program testing quantum-resistant infrastructure for digital asset wallets and onchain transfers. The initiative was announced Monday by the Responsible Fintech Institute and crypto custody infrastructure provider Safeheron. It uses a multiparty computation protocol that supports ML-DSA-65, a post-quantum digital signature standard published by the US National Institute of Standards and Technology, and runs on a quantum-resistant NEAR testnet. Participating regulators include Abu Dhabi Global Market, Bhutan’s Gelephu Financial Services Office and the Malta Financial Services Authority. Bison Bank and DK Bank are taking part as financial institutions and will test wallet generation and transfers in a shared application environment. Regulators will observe the first phase before contributing to a governance workstream later, with each institution taking part at a different level. Organizers also plan to publish a white paper on the research, protocol design and test findings, and later open-source the underlying technology. The pilot arrives as financial authorities step up preparations for the security risks that quantum computing may pose to public-key cryptography.

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Banks and regulators join pilot for quantum-resistant crypto wallets and transfers