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[SITUATION] · [QUIET] · [TECHNOLOGY]

2 clusters · 11 sources · 3 days · First seen · Last updated

Cardano launch of CIP-0113 compliance standard

Overview

The Cardano Foundation has launched CIP-0113, a new programmable token standard on the Cardano mainnet. Designed for regulated assets like stablecoins, tokenized bonds, and investment funds, the standard enables issuers to embed compliance rules directly into the logic of native tokens.

Through this framework, the Cardano ledger enforces automated Know Your Customer (KYC) and Anti-Money Laundering (AML) checks, sanctions screening, and transfer restrictions during the minting, burning, or transferring of tokens. It also provides the ability to freeze or seize specific assets to meet legal or regulatory mandates. These processes are handled on-chain rather than through external off-chain servers.

The update was implemented without a hard fork and does not affect the native ADA cryptocurrency or existing tokens. The Swiss Capital Markets and Technology Association (CMTA) has recognized the framework, noting its comparability to the CMTAT certification system for blockchain-based securities.

Entities

Cardano Foundation · Cardano · Swiss Capital Markets and Technology Association · CIP-0113

Timeline

  1. [TECHNOLOGY] 2 sources
    Cardano launches CIP-0113 programmable token standard on mainnet

    Cardano has launched the CIP-0113 programmable token standard on its mainnet, enabling issuers to embed compliance rules like KYC and transfer restrictions directly into regulated assets.

  2. [TECHNOLOGY] 9 sources
    Cardano launches CIP-0113 standard for regulated token compliance

    Cardano has launched the CIP-0113 token standard, allowing issuers of regulated assets like stablecoins to embed KYC, AML, and asset-freezing controls directly into native tokens on the mainnet.

Sources

ambcrypto.com · coindoo.com · crypto.news · cryptobriefing.com · cryptoweek.fr · livebitcoinnews.com · news.trijo.co · phocapblockchain.net · siamblockchain.com · theascent.com · thecryptocurrencypost.net