France to Phase Out Non-Quantum Encryption as Bitcoin Security Concerns Grow

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France to Phase Out Non-Quantum Encryption as Bitcoin Security Concerns Grow

60-second summary

French authorities announce a 2027 deadline for phasing out non-quantum encryption, mandating the use of quantum-resistant encryption in security products to address growing security concerns, particularly with Bitcoin, as its reliance on elliptic curve cryptography makes it vulnerable to potential quantum attacks, potentially jeopardizing investor trust and Bitcoin's long-term viability in the market.

French authorities said that government cybersecurity researchers will stop certifying security products that lack quantum-resistant encryption beginning in 2027.