Geopolitics Alpha

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

Published . Updated .

The warning brings renewed urgency to the debate over how bitcoin should deal with legacy addresses whose public keys are already exposed onchain.

Directly affected

  • QUBT Quantum Computing

    Named in this report.

Indirectly affected

  • IBIT iShares Bitcoin Trust

    This price moves with the crypto market

  • COIN Coinbase

    The crypto exchange moves with trading volumes

  • MSTR Strategy

    This company's value is tied to its bitcoin holdings

  • MARA MARA Holdings

    Bitcoin miners move with the bitcoin price

  • JPM JPMorgan Chase

    Bank profits move with lending and interest rates

  • BAC Bank of America

    Bank profits move with lending and interest rates

  • RIOT Riot Platforms

    Bitcoin miners move with the bitcoin price

  • HOOD Robinhood

    Retail trading apps move with crypto volumes

  • WFC Wells Fargo

    Bank profits move with lending and interest rates

  • C Citigroup

    Bank profits move with lending and interest rates

Price reaction, T-5 to T+3

TickerT-5T-3T-1T0T+1T+2T+3
QUBT———————
IBIT———————
COIN———————
MSTR———————
MARA———————
JPM———————
BAC———————
RIOT———————
HOOD———————
WFC———————
C———————

The warning brings renewed urgency to the debate over how bitcoin should deal with legacy addresses whose public keys are already exposed onchain.

Source: CoinDesk

Price since this story was published: Direxion Daily Financial Bull 3X Etf (FAS)

Since the first closing price after “EU financial watchdogs warn quantum computing poses imminent threat to blockchain encryption,” Direxion Daily Financial Bull 3X Etf (FAS) is +0.33%. The S&P 500 fund (SPY) is -0.62% over the same days, a +0.95% difference versus the market.

FAS
SPY

Who gains and who loses around Direxion Daily Financial Bull 3X Etf (FAS)

Companies tied to this story

  • FAS Direxion Daily Financial Bull 3X Etf

    Direxion Daily Financial Bull 3X Etf (FAS) is linked, with no stored direction, medium confidence in the 24 Sep 2026 story “EU financial watchdogs warn quantum computing poses imminent threat to blockchain encryption.” Reason on file: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • QUBT Quantum Computing

    In “EU financial watchdogs warn quantum computing poses imminent threat to blockchain encryption,” Quantum Computing (QUBT) is linked, with no stored direction, medium confidence. Reason on file: GA selected QUBT as a RELATED security because its canonical security name directly matches this event's themes: computing, quantum. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • CQTM Corgi Etf Tr I Quantum Computi

    In “EU financial watchdogs warn quantum computing poses imminent threat to blockchain encryption,” Corgi Etf Tr I Quantum Computi (CQTM) is linked, with no stored direction, medium confidence. Reason on file: GA selected CQTM as a RELATED security because its canonical security name directly matches this event's themes: quantum. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • FCLD Fidelity Cloud Computing Etf

    In “EU financial watchdogs warn quantum computing poses imminent threat to blockchain encryption,” Fidelity Cloud Computing Etf (FCLD) is linked, with no stored direction, medium confidence. Reason on file: GA selected FCLD as a RELATED security because its canonical security name directly matches this event's themes: computing. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

  • IBLC Ishares Blockchain And Tech Etf

    In “EU financial watchdogs warn quantum computing poses imminent threat to blockchain encryption,” Ishares Blockchain And Tech Etf (IBLC) is linked, with no stored direction, medium confidence. Reason on file: GA selected IBLC as a RELATED security because its canonical security name directly matches this event's themes: blockchain. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Direxion Daily Financial Bull 3X Etf (FAS)

Direxion Daily Financial Bull 3X Etf (FAS) is the company in “EU financial watchdogs warn quantum computing poses imminent threat to blockchain encryption,” the 24 Sep 2026 this story story.

The link for Direxion Daily Financial Bull 3X Etf (FAS) is this: GA selected FAS as a RELATED security because its canonical security name directly matches this event's themes: financial. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

Also listed, Quantum Computing (QUBT): GA selected QUBT as a RELATED security because its canonical security name directly matches this event's themes: computing, quantum. This is an explainable DERIVED market relationship, not a claim that the security was named in the source article

The price range for Direxion Daily Financial Bull 3X Etf (FAS), and the dates in the story

CQTM traded between 18.36 and 24.50 across 20 sessions. The latest close on file is 18.39. FAS traded between 136.16 and 161.95 across 20 sessions. The latest close on file is 152.93. QUBT traded between 6.08 and 9.76 across 20 sessions. The latest close on file is 6.44.

How strong the case is around Direxion Daily Financial Bull 3X Etf (FAS)

40 out of 100

“EU financial watchdogs warn quantum computing poses imminent threat to blockchain encryption” scores 40 out of 100. The score uses 1 sources, and 5 linked companies.