JPMorgan

Muse

Hedera

<blockquote>
 <p>“<strong>How do you regulate something that you cannot audit, that you cannot see</strong>?”</p>
</blockquote>
<p>That’s the question Gregg Bell, chief investment officer at <a href="https://www.thestreet.com/crypto/innovation/hashgraph-unveils-hashsphere-to-bring-enterprise-blockchain-to-regulated-markets" rel="noopener noreferrer nofollow">Hashgraph</a>, put at the center of his interview with TheStreet <a rel="noopener noreferrer nofollow">Roundtable</a> at Money20/20 in Las Vegas. It’s also a question big banks are deciding to avoid entirely.</p>
<h2 id="why-banks-are-saying-no-to-agentic-finance">Why banks are saying no to agentic finance</h2>
<p>JPMorgan Chase CEO Jamie Dimon said on Oct. 13 that the <a href="https://www.cnbc.com/2026/10/13/jpmorgan-ai-agents-account-access.html" rel="noopener noreferrer nofollow">bank won’t let outside AI agents access customer accounts</a> or act on customer’s behalf, citing <a href="https://www.thestreet.com/personal-finance/jpmorgan-ai-agent-bank-accounts-safety" rel="noopener noreferrer nofollow">risks to clients and the bank itself</a>.</p>
<p><strong><a href="https://www.thestreet.com/crypto/markets/roundtable-100-analysts-boost-blocks-ranking-ahead-of-q3-earnings" rel="noopener noreferrer nofollow">Related: Roundtable 100 analysts boost Block's ranking ahead of Q3 earnings</a></strong></p>
<p>Agents can still view balances read-only through an authorized connector like Plaid, but they <a href="https://www.pymnts.com/news/artificial-intelligence/2026/jamie-dimon-slams-the-door-on-rogue-ai-agents/" rel="noopener noreferrer nofollow">can’t send money or pay bills</a>. Three days later, <a href="https://cryptobriefing.com/rbc-ceo-considers-blocking-meta-muse/" rel="noopener noreferrer nofollow">Charles Schwab CEO Rick Wurster</a> said the firm blocks agents such as Meta’s Muse from trying to move client money on a weekly basis.</p>
<p>Bell doesn’t dismiss their concerns.</p>
<blockquote>
 <p>“<strong>The bank still has the obligation to meet all the compliance, all the regulatory obligations that it had before utilizing this new technology</strong>,” he said.</p>
</blockquote>
<h2 id="an-audit-trail-regulators-can-read">An audit trail regulators can read</h2>
<p>His argument is that blockchains exist to solve trust problems like this. Most people think of trust in terms of counterparty risk on transactions, and the same logic can extend to software.</p>
<p>“<strong>When the counterparty is an agent and you have an audit trail of what that agent did, now you have the ability for a regulator to have a comfort level in terms of what occurred and what did not occur</strong>,” Bell said.</p>
<p>He made the same case at SWIFT’s annual banking and financial services conference <a href="https://www.fintechfutures.com/fintech/sibos-2026-final-day-unpacks-quantum-computing-and-tokenisation" rel="noopener noreferrer nofollow">Sibos</a>. There, he said that an on-chain record lets a regulator confirm an agent used the right data and didn’t leak it.</p>
<h3 id="more-news">More news:</h3>
<ul>
 <li><a href="https://www.thestreet.com/crypto/innovation/jack-dorsey-new-ai-voice-assistant-sounds-human-too-human" rel="noopener noreferrer nofollow">Jack Dorsey's new AI voice assistant sounds human. Too human.</a></li>
 <li><a href="https://www.thestreet.com/crypto/markets/banker-coin-defies-oil-shock-as-gold-sinks" rel="noopener noreferrer nofollow">'Banker coin' defies oil shock as gold sinks</a></li>
 <li><a href="https://www.thestreet.com/crypto/markets/anthropic-futures-arent-shares-allocations-ceo-says" rel="noopener noreferrer nofollow">Anthropic futures aren't shares, Allocations CEO says</a></li>
</ul>
<h2 id="hashing-the-chip">Hashing the chip</h2>
<p>The infrastructure for agentic finance and commerce is already live. Bell pointed to Hedera partners that use <a href="https://hedera.com/blog/eqty-labs-verifiable-compute-brings-trust-to-ai-with-hedera/" rel="noopener noreferrer nofollow">NVIDIA and Intel chips</a> to create a tamper-proof fingerprint of everything an AI agent does, so it can be checked later.</p>
<p>Bell also expects <a rel="noopener noreferrer nofollow">stablecoins</a> to drive faster money movement as agents take on commerce, but he framed the bigger prize as something other than just quicker payments.</p>
<blockquote>
 <p>“<strong>You have an incredible audit trail that could be used for money, but more importantly is used for trust</strong>,” he said. “<strong>When we as humans are trusting agents more and more with our money, with our life, with our data, it’s going to be very important</strong>.”</p>
</blockquote>

Banks are locking AI agents out, Hashgraph CIO Gregg Bell says blockchain is the way back in

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