Armstrong says Coinbase tool lets AI agents set up self-custodial wallets without a KYC step

What was said

"We've made some simple tools where with a single command, you just prompt you paste it into your AI agent. It it can now have its own financial account and it's using a self-custodial wallet and crypto rails. So there's no there's not like a KYC process."

Coinbase CEO Brian Armstrong says the company has built tools that let an AI agent create its own “financial account” by using a self-custodial wallet and crypto rails. He adds that, in that self-custody setup, “there’s not like a KYC process”, arguing AI agents do not have government IDs; he also says Coinbase expects to offer human-linked, segregated “agentic accounts” inside Coinbase in the future.