Sui Agent Pass proposes on-chain spending caps to bound AI agent authority over money

Mysten Labs CEO Evan Cheng presented the Sui Agent Pass at Sui Basecamp in Singapore as a way to limit how much money an AI agent can control.

Under the proposal, users would define the agent's allowed actions, assets, recipients, and permission duration, and the system itself would enforce those limits so that losses stop at a predefined cap even if the agent is compromised. An accompanying article argues that the central challenge is making such limits impossible to bypass when failures occur. The source reports the concept only; it does not describe a shipped product or independent verification of the enforcement mechanism.