The Hong Kong Monetary Authority (HKMA) has issued guidelines requiring banks to assess and mitigate the risks associated with quantum computing by 2030. The deadline reflects the city's ambitions in developing a cutting-edge financial ecosystem, including the growing use of tokens for various financial transactions. This move comes as other regions are also grappling with the implications of quantum computing on their financial systems.
Source
"Hong Kong Banks Told to Prepare for Quantum Threats" — Cointelegraph
This article is Bitcoincryptos' summary and analysis of reporting originally published by Cointelegraph. Read the full original report at the link above.
