CoinDesk·3 min read·hard

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

S
Shaurya Malwa
Cardano gives token issuers power to freeze, seize and restrict assets
✦AI Summary

The Cardano Foundation has introduced CIP-0113, a new token standard that allows issuers of regulated assets to freeze, seize, or restrict token transfers. This feature is designed to help banks and fund managers comply with identity and sanctions regulations on-chain.

Why it matters

This development bridges the gap between decentralized finance and traditional regulatory requirements, potentially increasing institutional adoption of blockchain.

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由 AI 翻译 2 分钟阅读 Make preferred on 分享 分享这篇文章 复制链接 X icon X (Twitter) LinkedIn Facebook 电子邮件 Make preferred on 摘要 显示 The Cardano Foundation launched CIP-0113, a token standard that allows issuers of regulated assets to restrict recipients and freeze, seize or transfer holdings under specified rules. The standard enforces compliance checks on every transfer, including identity and sanctions screening, without requiring a hard fork of the Cardano network. Issuers can choose or customize rules and update them as regulations change, though holders may be subject to controls that allow authorized parties to move tokens without their consent. The Cardano Foundation has launched a token standard that lets issuers of stablecoins, funds and bonds decide who can receive their assets, and freeze or seize holdings when the rules require it.

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