IRS Risk Chief Warns Regulators Must Automate Oversight of AI Payments
- —90.8% of x402 AI-agent payments were worth less than one cent
- —6.4 million x402 transactions worth $119,947 tracked from July 23 to August 26
- —Romo: regulators cannot review AI decisions manually at current speed
- —Mastercard model: machines contain incidents, humans make final calls
Why it matters: Without automated supervision, AI agents could move money faster than regulators can detect fraud or control failures.
Source: BeInCrypto