Bitcoin

The move aligns with a global push toward password‑less security, echoing similar initiatives in the US and EU. In crypto, where hacks often exploit credential reuse and phishing, stronger auth could lower systemic risk and accelerate institutional entry. It also dovetails with the growing Web3 identity ecosystem (e.g., decentralized identifiers, ENS) that is positioning passkeys as a bridge to mainstream users.

UK cyber chiefs, via the NCSC, announced that passwords should be replaced by passkeys.