The UK’s Financial Conduct Authority (FCA) has released a new Research Note titled “Quantum Computing Applications in Financial Services” authored by Charlie Markham (FCA) and Ross Grassie (formerly of the UK Quantum Software Lab). FCA Research Notes are designed to stimulate debate and inform thinking across industry and policy without constituting formal FCA policy; they present rigorous analysis and the ...

The Monetary Authority of Singapore (MAS), together with four major banks (DBS, HSBC, OCBC, UOB) and tech partners SPTel and SpeQtral, has released a technical report detailing the results of a pioneering Quantum Key Distribution (QKD) sandbox in the financial sector. This proof-of-concept (PoC) sandbox was initiated under an August 2024 Memorandum of Understanding (MoU) to evaluate QKD’s viability for ...

A team led by the Technical University of Denmark (DTU) has published a milestone paper, “Quantum learning advantage on a scalable photonic platform,” in Science (Sept 25, 2025). Preprint arXiv:2502.07770. The work is the first proven quantum advantage using a photonic system, showing that an optical quantum setup can learn the behavior of a complex system exponentially faster than any ...

A new experiment from quantum computing startup Alice & Bob has set a remarkable milestone. In a recent blog post titled”Just Out of the Lab: A Cat Qubit That Jumps Every Hour,” the company revealed that one of its qubits - a special”cat qubit” - remained stable against bit-flip errors for about one hour. This is a record for superconducting ...

Financial industry CISOs have a new playbook for the post-quantum era. The Financial Services Information Sharing and Analysis Center (FS-ISAC) has published a position paper titled “The Timeline for Post-Quantum Cryptographic Migration,” offering a detailed roadmap for the financial sector’s transition to quantum-resistant security. The paper lays out why banks and financial institutions must act now to avoid falling behind ...

The race toward large-scale quantum computing just hit a significant milestone. In a new Nature paper “Industry‑compatible silicon spin‑qubit unit cells exceeding 99% fidelity” (open access) a team from Diraq and imec reported that they achieved better than 99% gate fidelity for silicon spin qubits manufactured using standard 300 mm semiconductor fabrication processes. Crucially, this wasn’t a one-off demonstration: four separate ...

HSBC and IBM revealed the world’s first-known quantum-enabled algorithmic trading trial in the bond market. In a collaboration bridging banking and cutting-edge tech, the team demonstrated up to a 34% improvement in predicting whether a customer’s bond trade would go through at a quoted price - a significant leap over standard classical methods. The news, trumpeted in a joint press ...

A new fault-tolerance framework unveiled by researchers from QuEra, Harvard, and Yale promises to drastically reduce the time overhead of quantum error correction. Published yesterday in Nature as “Low‑Overhead Transversal Fault Tolerance for Universal Quantum Computation” (Zhou et al., 2025), their method - called Transversal Algorithmic Fault Tolerance (AFT) - eliminates the usual slowdown from repeated error-checking cycles. By cutting this ...

In a new quantum computing milestone, Caltech physicists have created the largest qubit array ever assembled: 6,100 atomic qubits held in place by laser “tweezers.” This far exceeds previous neutral-atom arrays, which contained only hundreds of qubits. Even more impressive, these thousands of qubits were kept in a fragile quantum state (superposition) for about 13 seconds - nearly ten times ...

The Executive Office of the President (Office of Management and Budget and Office of Science and Technology Policy) issued a memorandum (M-25-34, NSTM-2) outlining the Administration’s Research and Development Budget Priorities for Fiscal Year 2027. This annual memo guides Federal agencies as they plan R&D investments for the upcoming budget cycle. The FY2027 memo realigns U.S. research efforts toward a ...

The Australian Cyber Security Centre (ACSC) - via the Australian Signals Directorate (ASD) - has published updated guidance titled “Planning for Post-Quantum Cryptography.” This publication underscores the looming threat that cryptographically relevant quantum computers (CRQCs) will pose to current encryption. ACSC warns that once quantum machines mature, they could break today’s public-key algorithms (like RSA and ECC), endangering the confidentiality ...

NIST has just released the initial public draft of CSWP 48, part of its Migration to Post-Quantum Cryptography project: "Mappings of Migration to PQC Project Capabilities to NIST Cybersecurity Framework 2.0 and to Security and Privacy Controls for Information Systems and Organizations." ...

NIST has just released the initial public draft of CSWP 48, part of its Migration to Post-Quantum Cryptography project: "Mappings of Migration to PQC Project Capabilities to NIST Cybersecurity Framework 2.0 and to Security and Privacy Controls for Information Systems and Organizations." ...

A team led by the Technical University of Denmark (DTU) has published a milestone paper, “Quantum learning advantage on a scalable photonic platform,” in Science (Sept 25, 2025). Preprint arXiv:2502.07770. The work is the first proven quantum advantage using a photonic system, showing that an optical quantum setup can learn the behavior of a complex system exponentially faster than any ...

Just a few days ago Waaijer and van Neerven published a paper "A Relational Critique of Bell Locality" in which they analyze Bell experiments through the lens of relational quantum mechanics (RQM). For decades, Bell's theorem has been seen as proof that nature is fundamentally nonlocal. Any theory that respects relativity and allows free choice of measurements must obey the ...

A new research paper titled “Electrically triggered spin-photon devices in silicon” has been published in Nature Photonics on September 11, 2025. In this paper, a team from Simon Fraser University (SFU) and quantum startup Photonic Inc. report the first-ever electrically injected single-photon source built on a silicon chip. This breakthrough marks an important step toward scalable quantum computing hardware, as ...

A team of researchers from the University of Texas at Austin and Quantinuum has achieved a landmark result in quantum computing. Just published in Kretschmer et al., “Demonstrating an Unconditional Separation Between Quantum and Classical Information Resources,” arXiv preprint (Sep 2025). They demonstrated a computational task on a 12-qubit trapped-ion quantum system that no classical computer can emulate without using ...

The “Brace for Impact” ECDLP challenge suite is a great attempt to translate a looming cryptographic crisis into a concrete set of problems we can grapple with today. It provides a much-needed “ruler” to measure where we stand in the race between encryption and quantum decryption. The choice of Bitcoin’s secp256k1 curve for these challenges ties the abstract math to ...