They have joined forces under the leadership of the Financial Technology Institute (RFI) to ensure resilience against quantum attacks when transferring cryptocurrencies. Safeheron served as the technology partner. The project involves Bison Bank, DK Bank, and regulators from Gelephu (Bhutan), Malta, and Abu Dhabi.
The testing covers wallet generation and fund transfers in a quantum-resistant NEAR testnet. As part of the study, the participants plan to develop a transfer protocol and open-source the core technology.
At the same time, Germany has issued 6 MiCA licences to cooperative banks. These are Raiffeisenbank Aidlingen, Ihre Volksbank, VR-Bank Mittelfranken Mitte, Volksbank Euskirchen, VR Bank Ried-Überwald, and Volksbank Backnang. The country leads the EU in the number of MiCA licenses issued, with 79 (23.9%).