Introduction

2026 has been predicted to be the “Year of the AI Agent.” IBM research leaders observe that “if 2025 was the year of the agent, 2026 is the year where all multi-agent systems move into production”. Security analysts warn that “agentic AI and other non-human identities will outnumber human users” in organizations. In other words, this year could be the tipping point when software bots become first-class citizens of the business world.

But our current financial and identity infrastructure was built for people, not programs. Traditional payment and compliance systems usually assume a human or corporate holds an account. There is no standard way for an AI agent to open a bank account, hold funds, or prove its identity under today’s KYC/KYB rules. Industry efforts like the emerging Know Your Agent (KYA) and Visa’s Trusted Agent Protocol aim to fill this gap by giving bots cryptographic credentials, but the landscape remains fragmented. As a result, AI-driven workflows face roadblocks, for example, a customer-service chatbot cannot autonomously refund a customer unless it has a verifiable identity and wallet, and a trading bot cannot execute funds transfers without a regulated account.

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The Limits of Legacy Systems

Fraud models usually look for unusual human behavior, and identity checks expect passports or IDs. AI agents don’t fit into any of these assumptions.There are still many unanswered questions around authorization, liability, and dispute management when machines make purchases.

Right now, there’s no standard way for a bot to prove its identity or securely hold its own funds. This challenge is even greater in highly regulated industries, such as finance, healthcare, and legal sectors, where strict compliance is mandatory. Chimoney’s infrastructure addresses these gaps by providing verifiable identities, secure wallets, and immutable audit trails.

HIPAA-Grade Audit Trails in Healthcare

One sector where this matters immediately is healthcare. Imagine an AI agent embedded in a hospital system, autonomously issuing payments to labs or pharmacies for patient services (e.g. paying a lab when new test results are uploaded). In such a scenario the bot must be treated like a proxy for sensitive patient data. Regulators require HIPAA-level privacy and audit controls on any system handling health payments.

SOX and MiFID Compliance for Trading Bots

Similarly, financial trading algorithms are subject to strict regulations. Laws like Sarbanes-Oxley (SOX) in the US and MiFID II in Europe mandate that every trade or cash transfer be tracked with a secure audit trail. A rogue bot must not be able to swamp the market or obscure its origins.

Without proper safeguards, a mismanaged agent could cause serious problems before anyone even notices. That’s why it’s not enough for an agent to just have a wallet, it also needs a passport: a verifiable digital identity and approval to transact.

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Chimoney’s Foundational Digital Passport and Payment Infrastructure for AI and Humans

Chimoney has built exactly this combined infrastructure. Each AI agent on Chimoney gets a secure wallet, a digital passport and a policy guardrails in one platform. This lets the agent hold funds and prove its identity and authority at the same time.

Every agent gets a multi-currency wallet address (via the Interledger Protocol) and a W3C-DID–based identity credential with L4 assurance, all governed by real-time policy rules. In practice, that means:

• Wallet: Chimoney’s agent wallets are built on the same proven multi-currency infrastructure that serves human users. Each agent wallet comes with an Interledger payment pointer, allowing instant, cross-border payments to anywhere on the ILP network. The system supports 20+ stablecoins and multiple blockchains, as well as traditional rails (130+ countries, bank transfers, mobile money, etc.) It even allows micropayment streaming (agents can pay e.g. $0.0001/sec for continuous API access). Balance updates and currency conversions happen in real time, so your agent never has to pause while funds move.

• Passport: Alongside the wallet, Chimoney automatically issues each agent a cryptographic digital identity, also known as a W3C Decentralized Identifier (DID), with Level-4 KYC verification. In simple terms, this gives the agent a verifiable, finance-grade digital identity backed by Chimoney’s Know Your Customer process. The passport encodes the agent’s permissions and limits—for example, “this agent can refund up to $100 per transaction, with a daily cap of $1,000” or “this agent represents XYZ Company.” Because Chimoney’s passports are cryptographically anchored to real-world KYC, any party or regulator can verify the agent’s legitimacy and actions with complete transparency.

• Policy Controls: Agents on Chimoney have programmable guardrails that define exactly what they can do. You can configure per-transaction limits, daily caps, approved recipient lists, or require approval workflows before payments are executed. Every policy check happens in real time, milliseconds before an agent completes a payment, or refund. All actions are also immutably logged, creating a fully auditable trail suitable for regulatory standards such as GDPR, HIPAA, or SOX.

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A Regulated Foundation

Chimoney is fully registered with FINTRAC as a Money Services Business and has been approved by the Bank of Canada as a Payment Service Provider. In practical terms, this means Chimoney operates on legally sanctioned rails: it enforces AML/KYC laws, and meets regulators’ demands out of the box.

Chimoney’s dual licensing ensures that any wallet transactions, from healthcare AI agents handling patient payouts to trading agents executing financial operations, inherit HIPAA-grade or SOX-grade audit trails automatically. Every Chimoney wallet functions as “licensed infrastructure,” providing unprecedented compliance guarantees. This gives enterprises the confidence to deploy AI agents in production while remaining fully compliant with regulatory standards.

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Start Building with Chimoney Today

Chimoney’s platform is open for builders. If you’re a developer, we invite you to get hands-on:

• Sign up & KYC: Download the Chimoney App or visit chimoney.io and sign up as a consumer. Complete the KYC process to activate your main wallet.

• Create an Agent: Switch to your Agent Profile, give it a name and budget, and instantly launch an AI agent wallet. Chimoney will auto-issue its interledger address and digital passport after you claim your aport passport.

• Deploy & Govern: Create your agent wallet’s API key and connect your agent to the services it needs. You can set spending rules or workflows on the dashboard, then let it operate knowing every payment is logged and compliant.

The rails of the Agentic Internet are being built now, and with Chimoney’s regulated, production-ready infrastructure, you can be part of it. Visit chimoney.io to get started, and let’s build the future of autonomous payments together.