Moody’s Backs Treasury Task Force as Quantum Threats Put Crypto on Alert

Treasury Launches Quantum Task Force as Financial Risks Mount

The world of financial technology has seen a great deal of discussion aimed at preparing the market for super quantum computers and theoretical attacks. Bitcoin and digital assets have been involved in the conversation for quite some time, and the Treasury’s new task force will not only look at traditional finance (TradFi), but also “Digital Assets and Emerging Technology Risk.”

The Treasury Department explicitly mentions President Trump’s Executive Order (EO) 14412, and the press release claims that the new task force is dedicated to supporting the EO, which enacts policy to “strengthen cryptographic protections for America’s sensitive data, critical infrastructure, and digital economy.” The federal agency said that the taskforce will work with a slew of officials, TradFi institutions, public and private sector leaders, and tech providers.

“America must lead in securing the technologies that power our economy,” Treasury Secretary Bessent explained in the release. “This Task Force will help ensure our financial system remains strong, secure, and competitive as new technologies reshape the global landscape.”

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