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U.S. Treasury Launches Quantum-Readiness Task Force for Finance

8/25/2026

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Story summary
  • U.S. Treasury announced a program to replace quantum-vulnerable cryptographic tools in the financial sector.
  • The Treasury created a Quantum-Readiness Task Force to unite banks, market operators, and tech providers.
  • The task force will assess vendor readiness, coordinate post-quantum migration, and examine digital-asset risks.
  • The G7 roadmap urges institutions to inventory cryptography, assess, and plan migration by 2035 after President Donald Trump’s June order.