Your Fridge Could Soon Stake Ether and Launch Memecoins, Says US CFTC Chair
AI news flash: At the CFTC’s first Frontier Forum, CFTC Chair Michael Selig said that imagining a fridge that earns money by staking Ether to buy groceries on its own, or even launches its own memecoin, is ’no longer science fiction,’ and argued regulators must adapt to a financial system where AI agents can hold assets and execute trades autonomously. He cited what Trump calls ‘superintelligence’ (SI), describing it as real as the printing press, the steam engine, and the internet…