Moody’s Supports Treasury Quantum Task Force as Crypto Security Concerns Rise

Treasury Launches Quantum Task Force as Financial Risks Mount

Discussion across financial technology has increasingly focused on how markets should prepare for super quantum computers and the theoretical attacks they could enable. Bitcoin and digital assets have long been part of that conversation, and the Treasury’s new task force is set to examine not only traditional finance (TradFi), but also “Digital Assets and Emerging Technology Risk.” For market participants, that makes the issue less abstract: the same cryptographic protections that underpin digital asset transfer, custody, and authorization are part of the broader infrastructure the task force is meant to assess.

The Treasury Department specifically cited President Trump’s Executive Order (EO) 14412 in its announcement, saying the new task force is intended to support the order, which establishes policy to “strengthen cryptographic protections for America’s sensitive data, critical infrastructure, and digital economy.” The federal agency said the task force will work with a wide range of officials, TradFi institutions, public- and private-sector leaders, and technology providers.

“America must lead in securing the technologies that power our economy,” Treasury Secretary Bessent said in the release. “This Task Force will help ensure our financial system remains strong, secure, and competitive as new technologies reshape the global landscape.”

Moody’s Says Quantum Readiness Must Be a Priority

In a note shared with Bitcoin.com News, Cristiano Ventricelli, Vice President of the Digital Economy Group at Moody’s Ratings, said the United States needs to prepare the financial system for the future of quantum computing.

“The Quantum-Readiness Task Force adds a security dimension to the U.S. policy agenda for digital assets, which includes initiatives by the White House, SEC and CFTC to support their use within regulated financial markets,” Ventricelli wrote.

Ventricelli added:

“Digital assets are increasingly viewed as strategically relevant to US financial innovation and competitiveness, but advances in quantum computing could eventually weaken the cryptographic protections on which they rely. A sufficiently capable quantum computer could compromise transaction authorization, asset ownership and custody arrangements, potentially undermining market confidence.”

“Digital assets are increasingly viewed as strategically relevant to US financial innovation and competitiveness, but advances in quantum computing could eventually weaken the cryptographic protections on which they rely. A sufficiently capable quantum computer could compromise transaction authorization, asset ownership and custody arrangements, potentially undermining market confidence.”

Quantum Readiness Framed as a Present-Day Risk Control

Ventricelli said addressing the issue directly through the task force is “relevant to the credibility of US efforts to expand digital-asset markets.” The framing reflects how quantum-readiness is increasingly discussed not as a niche technical concern, but as part of the operational and regulatory groundwork that institutions may need to consider as digital-asset services mature.

In the Treasury Department announcement, Deborah Guild, chair of the Financial Services Sector Coordinating Council and head of Technology at PNC Financial Services Group, Inc., expressed a similar view.

Guild said that PQC readiness is no longer simply preparation for the future and argued that “it is a present-day risk control.”