Opinion: U.S. bets $2 billion on quantum computing as defense side lags, Pruden says

The U.S. government is betting $2 billion on quantum computing, and the defense side “can’t keep up,” Alex Pruden wrote, arguing the industry needs post-quantum cryptography and regulatory coordination it has deferred for years. According to CoinDesk, Pruden said Google researchers have published increasingly aggressive estimates for breaking elliptic curve cryptography, and warned defense is a coordination problem because protection requires broad, near-simultaneous adoption across wallets, custodians, exchanges and protocols. He cited follow-on moves including Emmanuel Macron’s €1 billion pledge for France and China’s roughly $17.5 billion routed through regional venture funds.