The National Quantum Readiness Act would codify Trump's quantum executive order into law, forcing federal agencies to adopt post-quantum encryption that could set standards for blockchain security and crypto custody.
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Two US senators from opposite parties introduced legislation July 28 that would turn President Trump's quantum computing executive order into binding law, with implications that reach into blockchain security and crypto custody standards.
The National Quantum Readiness Act, sponsored by Republican Mike Rounds and Democrat Richard Blumenthal, codifies key sections of Executive Order 14413, which Trump signed June 22 under the title "Ushering in the Next Frontier of Quantum Innovation." Making the order law would prevent a future administration from shelving its directives.
The bill requires the Secretary of Defense to identify at least three next-generation quantum sensor projects within 60 days of enactment. It also tasks the Department of Defense, Department of Commerce, Department of Energy and the National Science Foundation with developing private sector partnership plans.
A companion executive order to the one being codified focuses on migration to post-quantum cryptography – encryption methods designed to withstand attacks from quantum computers that could crack the mathematical puzzles securing most digital infrastructure today.
For crypto markets, the timeline matters. Quantum computers powerful enough to break current encryption would compromise the security model of most blockchains. Bitcoin, Ethereum and virtually every major protocol rely on cryptographic assumptions quantum computing could eventually invalidate.
The Department of Commerce in May 2026 announced $2.013 billion in incentives for quantum companies under the CHIPS and Science Act. The bill's private sector partnership mandate could direct some of that capital toward firms building quantum-resistant infrastructure for financial applications, including crypto custody and exchange security.
Coinbase has already begun preparing its custody infrastructure for the quantum threat. If federal agencies are required to migrate to quantum-resistant encryption standards, similar expectations could land on digital asset platforms.
The bill treats quantum threats as imminent rather than theoretical. That shift in regulatory posture, once codified, would ripple beyond defense into the financial sector's encryption standards.
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