Odaily Planet Daily reports that Electric Capital partner Avichal Garg pointed out that as AI agents become more autonomous, developers are beginning to configure crypto wallets for them, enabling software to hold assets, pay for services, trade tokens, and even hire other AI agents. This trend is pushing blockchain technology into a new phase—building financial systems for “non-human entities,” but the legal framework remains significantly behind. He believes that with blockchain’s programmable funds, real-time settlement, and global accessibility, AI agents can not only make decisions but also independently execute transactions, forming software entities capable of “thinking and performing financial activities.”
Garg stated that this model is similar to the emergence of the limited liability company system in the 19th century, which unlocked new productivity thresholds for economic activity. As participation costs continue to decrease, more individuals and teams worldwide can leverage AI agents to create economic value.
However, the core issue remains the definition of legal responsibility. Since AI itself cannot be punished, it is still unclear who should be held responsible if an AI agent with an independent wallet participates in transactions, lending, or commercial activities and causes losses. This issue may become a fundamental topic that future regulators must address.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Founder of Aave Ecosystem Organization: Aave Labs spent $86 million over eight years, with all six products failing.
Aave Labs has raised approximately $86 million since 2017, but only the core lending protocol has succeeded, while the other six products have all failed. The report indicates that the actual scale of the Horizon project does not match its publicity, and the input-output ratio is as high as 24:1. The core development team has already left, raising community concerns about fund allocation and governance transparency. Aave faces the challenge of establishing an effective accountability mechanism.
動區BlockTempo9m ago
Meta to integrate stablecoins as early as the second half of this year! Overcoming the failure shadow of Diem, this time opting for a "third-party partnership" approach
Meta plans to re-enter the stablecoin market in the second half of this year, aiming to launch new payment technologies and wallets through integration with third-party payment companies. This move will enable Meta to expand its payment channels and compete with other platforms, although the current regulatory environment has significantly improved compared to past stablecoin attempts.
区块客34m ago
Michael Saylor: The digital credit ecosystem, with Bitcoin as the underlying asset, will create a truly meaningful "digital currency" in the future.
Michael Saylor delivered a speech at Strategy World 2026, proposing a digital financial system centered around Bitcoin, divided into three layers: digital capital, digital credit, and digital currency. He emphasized that new financial products reduce Bitcoin risk and, unlike traditional fiat currencies, profits come from the increase in Bitcoin's price.
GateNewsBot59m ago
Internal doubts at Aave about Labs' past performance: raised $86 million, holds 23% of tokens, all six products failed or incurred losses
Aave Ecosystem Contributor Organization ACI Founder Marc Zeller Releases Report, Disclosing that Aave Labs has raised $86 million since 2017 and questioning the poor performance of several of its products. The report shows that the actual collateral size of the Horizon project is only $135 million, with small income but huge expenses. The discussion also involves issues of governance power centralization, and a new funding proposal is currently under review.
GateNewsBot1h ago
Six reasons why Bitcoin is not heading into a bear market based on long-term adoption trends from market prices
Bitcoin prices are declining, and market sentiment is subdued, but adoption and holding structures continue to grow. Institutional investor participation is increasing, indicating a shift toward long-term value-driven markets. Banks and corporations are gradually adopting Bitcoin, and payment infrastructure is expanding, with the global regulatory environment becoming more open. Overall, the Bitcoin market is shifting from speculation to long-term allocation, and future prospects are optimistic.
ChainNewsAbmedia1h ago
Hong Kong advances the implementation of the tokenized bond platform and connects with the regional tokenization center. Stablecoin license issuance begins in March.
February 25 News, Hong Kong is accelerating the development of core infrastructure for digital assets. Financial Secretary Paul Chan announced in the 2026-27 fiscal budget that Hong Kong will establish a brand-new digital asset platform within the year to support the issuance and settlement of tokenized bonds. The platform will be built and operated by CMU OmniClear Holdings, a subsidiary of the Hong Kong Monetary Authority, marking the official transition of tokenized bonds from pilot phase to a market-level infrastructure system.
This platform will gradually expand to include more categories of digital assets and achieve interoperability with regional tokenization platforms, forming a cross-market tokenized financial network. This move is seen as an important step to strengthen Hong Kong's position as a digital asset hub in China, while also improving on-chain settlement efficiency and asset liquidity. As post-trade infrastructure becomes part of the official financial system, the issuance mechanism for tokenized bonds is evolving toward standardization and institutionalization.
GateNewsBot2h ago