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Crypto

U.S. Senate introduces quantum technology bill; will post-quantum cryptography adoption speed up

A U.S. Senate bill to support development of quantum technology has been submitted, with a focus on next-generation quantum sensors and strengthening supply chains. The proposal would require the Pentagon to designate three priority quantum sensor projects within 60 days and deploy them by Sept. 30, 2028. It also calls for joint plans with agencies and private companies. Attention is on a possible acceleration of post-quantum cryptography adoption and its impact on crypto security.

Industry

U.S. biotech Axiom chooses Hong Kong over Nasdaq for first listing

U.S. biotech Axiom Biosciences has chosen Hong Kong, not a U.S. exchange, for its first stock market listing. The San Diego-based company is pursuing a Hong Kong listing in 2027 and is considering a secondary U.S. listing in 2029. Axiom expects Hong Kong to provide access to specialist biotech investors and expand cooperation with Asian clinical trial and commercialization partners amid shifting global biotech financing conditions.

Industry

Rubidium supply crunch looms after semiconductors as quantum computing spreads

Rubidium is emerging as a key strategic resource in the quantum-computing era, with demand expected to expand as neutral-atom quantum computers move toward commercialisation. Because rubidium is mostly produced as a byproduct of processing other minerals, supply is limited. Market Research Future forecasts global demand will rise from 7.44 tonnes in 2025 to 11.96 tonnes in 2035. Industry estimates even 50 to 100 commercial quantum computers could require an additional 0.5 to 0.8 tonnes a year.