Cardano Lets Token Issuers Freeze and Seize Assets Under New Rules

Cardano lets token issuers freeze and seize assets under new rules

Cardano has launched CIP-0113 on mainnet, letting regulated token issuers add KYC, sanctions checks, transfer limits and freeze controls.

ADA news: Cardano gives token issuers power to freeze, seize and restrict assets

The new standard is aimed at regulated stablecoins, funds and bonds whose issuers need identity checks, sanctions controls and other transfer rules built into the asset itself.

Cardano Breaks Silence: ADA Whales Return, Major Upgrade Hits Mainnet

Cardano ADA whale activity reached its highest level since June, according to Santiment, as the CIP-0113 programmable token standard went live on mainnet.

Cardano launches token standard with KYC and freeze controls—but ADA is unaffected

Cardano’s new programmable-token standard targets regulated finance by allowing issuers to place compliance rules directly inside selected assets.

Cardano Launches Token Standard for Regulated Assets

Cardano has launched a new token standard designed to give issuers of regulated digital assets the ability to freeze, seize, and restrict tokens, introducing compliance controls that could make the blockchain more suitable for banks, asset managers, and stablecoin issuers. The Cardano Foundation announced on Oct. 7 at TOKEN2049 that CIP-0113 had gone live on […]

Cardano built a freeze button for stablecoins it doesn't have yet

The Cardano Foundation is getting ready for a future where issuers of regulated tokens can freeze or seize stablecoins, funds and bonds issued on the blockchain, as confirmed by the compliance toolkit. Per Cardano, the toolkit that went live on mainnet on Wednesday will allow issuers to screen recipients and also block sanctioned wallets on...