Banks and financial regulators across Europe, the Middle East and Asia have joined a pilot testing quantum-resistant infrastructure for digital asset wallets and onchain transfers. The initiative, led by the Responsible Fintech Institute and crypto custody infrastructure provider Safeheron, uses a multiparty computation protocol supporting ML-DSA-65, a post-quantum digital signature standard published by NIST, on a quantum-resistant NEAR testnet. 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 will test wallet generation and transfers. The organizers plan to publish a white paper covering the research, protocol design and test findings and eventually open-source the underlying technology.
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