The U.S. Department of the Treasury launched the Quantum-Readiness Task Force, a public-private initiative to coordinate the financial sector’s transition to post-quantum cryptography in an orderly and operationally resilient manner. The initiative follows Executive Order 14412 and builds on the Group of Seven Cyber Expert Group roadmap for addressing the risk that future quantum systems could compromise cryptographic protections for financial data, payments, digital identities and market infrastructure. The task force will bring together government, financial institutions, financial market infrastructures, technology providers and other private-sector participants. Its three workstreams will cover sector alignment and the post-quantum cryptography transition, third-party and vendor readiness, and risks involving digital assets and emerging technologies. Priorities include identifying critical dependencies, improving cryptographic agility and interoperability, strengthening operational resilience, and addressing implementation challenges involving vendors and digital assets.
2026-08-24U.S. Department of the Treasury
U.S. Department of the Treasury launches public-private task force to accelerate financial sector transition to quantum-safe technology
The U.S. Department of the Treasury launched a public-private task force to accelerate the financial sector’s transition to post-quantum cryptography. Its work will focus on sector alignment, third-party readiness, digital asset risks and the operational resilience of critical financial infrastructure.