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EU financial watchdogs warn quantum computing poses imminent threat to blockchain encryption

Published Source: CoinDeskRead original

Crypto Insight Summary: The warning brings renewed urgency to the debate over how bitcoin should deal with legacy addresses whose public keys are already exposed onchain. Crypto Insight Analysis: Direction: Bearish BTC Impact: Minor Impact Horizon: Long-term (1 quarter-1 year) Reasoning: Quantum computing threat raises concerns for BTC security, potentially impacting investor confidence.

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EU financial watchdogs warn quantum computing poses imminent threat to blockchain encryption — Crypto Insight