Cardano Brings Compliance Rules On-Chain With CIP-0113 Launch

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. TL;DR: Cardano’s CIP-0113 programmable token standard is now live on mainnet. It gives issuers the ability to build controls such as KYC requirements, sanctions screening and transfer restrictions directly into native Cardano assets, targeting regulated stablecoins, funds and tokenized securities. Cardano has launched a new token standard aimed squarely at one of the hardest problems in institutional blockchain adoption: how regulated assets can exist on a public network without giving up the controls their issuers are legally required to enforce. The Cardano Foundation announced that CIP-0113 is now live on mainnet following development work with members of the Cardano community and multiple security audits. The standard allows issuers to add programmable controls directly to native Cardano token...