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Cryptocurrency

Elon Musk has called Bitcoin an ‘energy currency’ whose value is rooted in physics and electricity rather than government policy, and mused that AI and robots could one day make money itself obsolete.

China has made ‘ciyuan’ the official translation for AI ‘token’, a move widely read as the seed of a token-based currency for the AI age, and a long-term challenge to the US dollar.

America’s biggest banks, led by JPMorgan and Bank of America, are building a tokenised deposit network to settle payments on a blockchain around the clock, their answer to the rise of stablecoins.

ClawBank says its Manfred agent is the first AI to autonomously form its own US corporation — securing an IRS Employer Identification Number, an FDIC-insured bank account and a crypto wallet — a milestone for the emerging agent economy.

From corporate stablecoins to programmable CBDCs and AI-driven money, this is a look at how currency could soon move faster than regulators and slip beyond purely human control.

World Liberty Financial, the crypto venture tied to Donald Trump, is expanding into debit cards, tokenised commodities and its USD1 stablecoin as it pushes to extend dollar influence on-chain.

Security researchers have caught hackers using large language models to weaponise hijacked AI infrastructure, turning compromised servers into a self-propagating botnet that mines crypto and launches attacks.

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