In today's crypto news, French authorities have lifted judicial restrictions on Telegram founder Pavel Durov until April 7. Durov reported returning to Dubai after months in France and expressed gratitude towards the judges for allowing his return. Meanwhile, the Bank of Korea has confirmed that it is taking a cautious approach regarding Bitcoin as a potential foreign exchange reserve, citing high volatility as a reason for not reviewing its inclusion. This statement follows inquiries from a National Assembly representative, emphasizing the financial risks associated with Bitcoin’s instability and transaction costs. Additionally, Jameson Lopp, chief security officer at Casa, commented on the implications of quantum computers being used to restore lost Bitcoin, arguing it would undermine key values of the Bitcoin network such as transaction immutability and censorship resistance. Lopp expressed concerns that restoring lost BTC with quantum technology would decrease the network’s security and allow those who did not earn funds to claim them, contributing to an ongoing debate about the effects of quantum computing on cryptocurrencies.

Source 🔗