Huo Xing Finance News: The Responsible Fintech Institute (RFI), a financial technology institution, and Safeheron, a crypto asset custody infrastructure provider, have announced the launch of a pilot for quantum-resistant digital asset wallets and on-chain transfers, with participants from Europe, the Middle East, and Asia. The pilot operates on a quantum-resistant NEAR testnet using a multi-party computation protocol supporting the ML-DSA-65 standard. Participating regulatory bodies include Abu Dhabi Global Market, Bhutan’s Gelephu Financial Services Office, and Malta’s Financial Services Authority, with Bison Bank and DK Bank participating as financial institutions. Banks will test wallet generation and transfers in a shared application environment, while regulators will initially observe and later engage in governance workflows. The organizers plan to publish a white paper covering research, protocol design, and test results, with gradual open-sourcing of the underlying technology. The Hong Kong Monetary Authority aims to prepare Hong Kong’s banking sector to fully address quantum security risks by 2030, while the Bank for International Settlements’ 2025 report recommends that financial institutions migrate incrementally to quantum-resistant systems.
Multinational banks and regulators launch quantum-resistant crypto transfer pilot
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Summary
On-chain news from MarsBit reveals a quantum-resistant digital asset wallet and on-chain transfer pilot launched by the Responsible Fintech Institute and Safeheron. The test operates on the NEAR testnet using ML-DSA-65 via multi-party computation. Regulators from Abu Dhabi, Bhutan, and Malta are involved, alongside Bison Bank and DK Bank. Institutions will test wallet generation and transfers in a shared environment, with regulators later participating in governance. A white paper and open-sourced technology are planned. This token launch underscores cross-border collaboration in secure crypto infrastructure.
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