France May End Cryptocurrency Cryptocurrencies as Bitcoin Security Concerns Grow



In short

  • France will stop certifying security products that do not have secure encryption from 2027.
  • Officials have cited concerns that future computers may be able to hide data stolen today.
  • The move comes as crypto developers and wallet providers prepare for threats to Bitcoin and other blockchains.

France is planning to phase out security measures that do not include encryption, reflecting growing concern about the future of cryptography protecting everything from government networks to Bitcoin.

According to a report in ReutersFrance’s cybersecurity agency ANSSI announced this week that it will stop certifying security products that do not use encryption from 2027, and recommend that companies buy security products by 2030.

ANSSI certification is essential for French government agencies and key personnel, which makes the decision different from traditional cryptographic systems.

“It’s not just a technical issue,” Chief of Staff ANSSI Samih Souissi said at France’s annual Quantum conference. “It’s a matter of governance, industrialization, regulation, and autonomy.”

The policy change comes amid growing concerns Q-dayor the advent of computers too powerful to disrupt modern encryption. Security experts also warn of “harvest now, compromise later”, where attackers collect encrypted information today in the hope that computers of the future will be able to unlock it.

Although quantum computers capable of breaking modern encryption do not yet exist, estimates of their arrival are shrinking. In March, Google launched 2029 deadline adapting its systems to post-quantum cryptography. In May, the quantum security company Project Eleven comparison that the supercomputer could arrive in 2030, putting about 7 million Bitcoin at risk.

Publicity comes as part of the crypto industry to argue how to prepare for a post-quantum future. Earlier this year, a Ethereum Foundation made a dedicated post-quantum security team, elevating quantum resistance to the core of the network.

Last week, Coinbase’s quantum advisory council he encouraged blockchain developers to start planning the migration to quantum-safe cryptography and see the future of immobile money. At the same time, the Stellar Development Foundation uncovered a three-way road map to migrate the XLM network to quantum-safe cryptography, including a protocol upgrade that will allow users to add asynchronous signers without changing their wallet addresses.

However, some industry experts he warned versus seeing recent events as a sign that a crisis of abundance is imminent.

“The risk is rising, but that’s to be expected. As we get closer to the day we want to move to (post-quantum cryptography), confidence in this period is rising,” Boundless CEO Shiv Shankar previously said. Decrypt. There is no reason to be afraid.

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