Business

Quantexa Launches Platform to Reduce Stablecoin Strain on Small Banks

In brief Quantexa designed an AML solution for mid-size and community banks. It can help them identify crypto-powered crime, according to Quantexa’s Christopher Bagnall. Stablecoin legislation is expected to unlock new competitors. Quantexa, a data and analytics software firm, introduced a product on Wednesday that’s intended to help smaller financial institutions fight crypto-powered crime in…

Artificial Intelligence

Google Researchers Warn of Looming AI-Run Economies

In brief DeepMind warns AI agent economies may emerge spontaneously and disrupt markets. Risks include systemic crashes, monopolization, and widening inequality. Researchers urge proactive design: fairness, auctions, and “mission economies.” Without urgent intervention, we’re on the verge of creating a dystopian future run by invisible, autonomous AI economies that will amplify inequality and systemic risk.…

Artificial Intelligence

Google Reveals AI Agent Payments Protocol Backed by Coinbase, Ethereum Foundation

In brief Google launched an open-source protocol to let AI agents handle financial transactions, backed by Coinbase, PayPal, American Express, and the Ethereum Foundation. The protocol expands Google’s Agent2Agent framework with payment support for cards, stablecoins, and real-time bank transfers, plus a crypto-specific x402 extension. The Ethereum Foundation says the effort aligns with its ERC-8004…