Crypto’s long-term security, its tax treatment, and the scalability of one of its oldest smart contract platforms all moved on the same day. The common thread is infrastructure. The foundations being built right now will define how crypto performs in the next decade.
- Trump signs two executive orders to accelerate US quantum computing and mandate federal agencies migrate to post-quantum cryptography by 2030-31
- Blockchain Association, Crypto Council for Innovation, and The Digital Chamber urge Congress to pass the Tax Clarity for Mining and Staking Act unchanged
- Cardano launches its Leios Musashi Dojo public testnet, targeting a 30-65x throughput increase toward a November 2026 mainnet hard fork
Whether the industry survives the next decade depends partly on decisions being made right now: at the protocol level, in Congress, and in federal agencies managing the transition to quantum-resistant encryption.
Trump signs executive orders on quantum computing and post-quantum cryptography
Source: CoinTelegraph
President Trump signed two executive orders on June 23. The first directs the Department of Energy to accelerate US quantum computer development. The second mandates that federal agencies migrate to post-quantum cryptography standards by 2030-31.
The crypto relevance is direct: Bitcoin and Ethereum both rely on elliptic curve cryptography, which a sufficiently powerful quantum computer could theoretically break. The 2030-31 federal deadline puts a clock on how seriously governments are treating that risk.
Zypto take: The threat to elliptic curve cryptography is real but not imminent. What matters today is that governments are treating it as a planning problem, which means protocol developers should too. Self-custody in a multichain wallet is built on cryptographic foundations that the industry is actively working to strengthen. The right time to prepare for that transition is now, and the work is already underway.
Sources: CoinDesk · CoinTelegraph
Crypto lobby urges Congress to pass mining and staking tax bill unchanged
Source: CoinTelegraph
The Blockchain Association, Crypto Council for Innovation, and The Digital Chamber sent a joint letter to the House Ways and Means Committee on June 23, urging passage of the Tax Clarity for Mining and Staking Act without changes. Under current IRS treatment, miners and stakers owe income tax on rewards the moment they are received, regardless of whether they have sold anything.
The bill would defer that tax liability until the point of sale. Industry groups call the current treatment “taxation of phantom income.”
Zypto take: Taxing rewards before they are sold discourages participation in the networks that secure crypto infrastructure. Deferred taxation at disposal is how most asset classes work, and getting that parity in law matters for anyone earning yield on their holdings.
Sources: CoinTelegraph · The Block
Cardano launches Leios Musashi Dojo public testnet
Source: BeInCrypto
The Cardano Foundation launched the Leios Musashi Dojo public testnet on June 23. The Ouroboros Leios scaling protocol targets a 30-65x throughput increase, taking Cardano from roughly 10 transactions per second to over 1,000 TPS. A mainnet hard fork is targeted for November 2026.
The public testnet phase opens participation to developers and validators who want to test the protocol before it reaches production.
Zypto take: 1,000+ TPS is the threshold where a chain starts to become credible for high-frequency real-world use. Whether Leios delivers at that scale on mainnet is what the next five months will test.
Source: BeInCrypto via Yahoo Finance
Key Takeaways
- Governments treating quantum computing as a planning problem is a prompt for protocol developers to do the same. The 2030-31 federal deadline is not distant.
- Current IRS treatment of staking and mining rewards taxes income that has not been realized. The Tax Clarity for Mining and Staking Act would bring crypto in line with how most asset disposals are taxed.
- Cardano’s Leios testnet is the most concrete step yet toward genuine scalability for the network. November 2026 is the target, not a promise.
- All three stories point toward infrastructure maturity: cryptographic resilience, fair tax treatment, and usable throughput. The foundations being laid now will determine which networks and which users are best positioned in the next cycle.
