The on-chain AI economy needs rails. It also needs rules.
Join Arda Akartuna on the panel “Agentic Payments: Building the Rails for Onchain AI Economy” at #
HKFintechWeek#.
🗓️ Tue 3 Nov, 2:15 PM
📍 HKCEC, Hall 5FG
Meet us at the UK Pavilion, 5BC-CA09, or book a meeting:
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The FSB, HKMA and FCA all moved on AI accountability in the same week. The latest crypto regulatory affairs update from Elliptic's David Carlisle covers:
- What the FSB, HKMA and FCA now expect from firms using AI
- The OCC’s final GENIUS Act rule, which leaves stablecoin yield to case-by-case review
- The FCA’s proposed guidance for regulated firms offering decentralized finance services
- Switzerland’s first retail Bitcoin ETF
Read the full update:
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🇭🇰 We will be at #
HKFintechWeek#, UK Pavilion 5BC-CA09.
🎤 Arda Akartuna, Crypto Threat Intelligence Lead, APAC, on “Agentic Payments: Building the Rails for Onchain AI Economy”, 3 November, 14:15
To discuss your crypto risk priorities, book a meeting:
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Regulators around the world now hold companies accountable for every decision their AI agents make.
The Elliptic Institute's Certified agentic on-chain risk practitioner course teaches those skills in 90 minutes, for free, with a certificate at the end.
Read what each regulator expects and how you can get certified today:
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An AI agent that pays in milliseconds leaves no time for a person to approve each payment.
Elliptic's June Lau joined ASEAN bankers and regulators at a GFTN roundtable in Bangkok last week. The overall view was that human oversight still applies, but it needs to move earlier, into the limits a company sets before any agent goes live.
On a public blockchain, those limits have to cover which wallets the agent pays. June explains what that means for AI agent guardrails:
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In 2026, Elliptic has tracked more than 60 suspected DPRK-linked attacks on the crypto ecosystem. The recent exploit of Bitget pushed the year's suspected total past $1 billion.
Join Elliptic's Intelligence Team on Thursday October 29 to trace how the laundering has evolved:
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AI agents can now use a crypto mixer.
Elliptic has identified the first mixer that publishes a Model Context Protocol (MCP) server, the standard AI agents use to call outside tools. An agent can now add a mix to its workflow as one more step.
That cuts both ways. Launderers can use agents to push funds through mixers faster and in greater numbers than any analyst could review. Legitimate agents need privacy too, because every payment they make on a public blockchain is visible to competitors and attackers.
A rule that only asks “did these funds touch a mixer?” can’t tell the two apart. Compliance teams need risk rules built on behavior and on proof of where funds came from, running at the speed agents transact, with a person accountable for every decision.
Read the full analysis:
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Four financial authorities set out what they expect from AI in finance in the past two weeks. It was a busy fortnight for crypto regulation too:
🇬🇧 The BoE wants frontier AI models tested before and after deployment
🇸🇬 MAS finalizes its AI guidelines, effective October 2027
🇺🇸 The CFTC opens a crypto rulemaking
🇺🇸 FinCEN withdraws its unhosted wallet and mixer proposals
🇬🇧 The FCA’s crypto authorization gateway is open
The details are in our biweekly Crypto reg affairs roundup:
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Scam compounds are moving from Southeast Asia into Africa. Elliptic is finding them as they arrive.
@TheJusticeDept has named Elliptic among the private industry partners in Joint Disruption Week: Africa, the first coordinated effort against West African scam networks. Hosted by
@NCA_UK, the week led to 28 arrests, and private sector partners identified $11 million in potentially freezable funds.
Our investigators linked scam wallets and websites to exchange accounts on both sides of the scams. Customer-protection measures began the same day.
Read how Elliptic turns scattered leads into intelligence law enforcement and industry can act on:
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🤖 An agentic payment is a payment an AI agent makes for a person or business. Someone gives the agent a budget and a task, such as compiling a report. If the task needs paid data, the agent finds a seller, decides to buy from it and pays, usually in stablecoins. Nobody approves that individual payment.
Once a payment on a public blockchain goes through, it can't be reversed. So the compliance check on who is being paid (or who pays you) has to happen before the money moves. Our new explainer walks through how these payments work, who is involved and where those checks fit:
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🦾 KYC tells you who's behind a payment. When an AI agent makes the payment for them, you also need to know what that agent is allowed to do.
That's what Know Your Agent (KYA) covers. Our new explainer shows how it works and what changes when agents pay on-chain.
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Gnosis Pay powers stablecoin card programs and multi-currency accounts for wallets, neobanks, exchanges and payment processors worldwide, all built on self-custodial wallets. That means blockchain risk moves fast, and staying ahead of it takes real intelligence, not guesswork. Hear from MLRO Caio Beck on how Elliptic helps his team catch on-chain risk early, decide faster and build controls that hold.
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Joanna Marathakis, VP Financial Crimes Compliance at
@Circle, on the Elliptic Standard: eight principles for agentic risk management in on-chain finance, and what a system has to be able to show when a decision is questioned. Read it ➡️
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We will be at #
TOKEN2049# Singapore next week, engaging with exchanges, custodians, regulators and builders on how the industry scales responsibly as institutional adoption of digital assets grows.
If you'd like a chat, come find us. 👋
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Good morning #
ACAMSAssembly# Las Vegas!
It's the final day and the team is at Booth 320, ready to talk agentic on-chain risk and hand out copies of the Elliptic Standard.
If you haven't stopped by yet, there's still time. Come find us. 👋
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Ask your provider when they last tested a failover of their primary cloud region.
Then ask how long recovery took.
It's one of nine questions we think every compliance team should put to any provider of on-chain risk solutions. Read about the other questions here:
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Stablecoin transactions hit $33 trillion in 2025. Increasingly, AI agents are initiating them. The teams didn't change. The volume did. Legacy, forensics-first tooling was built for a world of after-the-fact review. This is not a bigger version of the same problem. It is a different one.
The Elliptic Standard sets out eight principles for agentic risk management in on-chain finance.
Use it to assess your own approach. Challenge your vendors. Hold us to it.
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🇺🇸 The CLARITY Act stalled in the Senate on September 15. Two days later, the SEC granted an exemption that lets tokenized US stocks trade on-chain.
Venues using the Innovation Exemption must permission every participant in their liquidity pools and comply with OFAC sanctions rules. The CFTC issued no-action relief for self-hosted wallet developers the same day.
In this week's regulatory update, Elliptic's David Carlisle covers what the SEC and CFTC have done and what Hester Peirce's departure on October 2 means for the Commission. Plus news from the UK, EU, Hong Kong and South Korea.
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AI-enabled financial crime is scaling faster than regulators can write rules for it. Elliptic CEO Simone Maini joined
@tokenizedpod to discuss why compliance can't wait, and how we're co-building agentic guardrails with Circle.
🎥 Full episode:
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Blockchains cannot read each other. A user holding Bitcoin cannot spend it in an application built on Ethereum, because the two networks share no ledger.
Cross-chain bridges close that gap. The asset is locked, burned or pooled on one chain and the equivalent is issued on another, as two separate entries connected by a protocol.
Our new blockchain basics article explains how bridges work, how they differ from decentralized exchanges and coin swap services, and where the compliance risk sits.
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