The Cardano Foundation has deployed CIP-0113 on its mainnet, enabling issuers of regulated stablecoins, funds, and bonds to embed identity checks, sanctions screening, and transfer restrictions directly into token logic. This standard, which requires no hard fork and underwent independent security audits, gives banking institutions and asset managers the ability to freeze, seize, or move tokens without the holder’s consent. Frederik Gregaard, chief executive of the Cardano Foundation, stated that these rules must travel with the asset and be enforced every time it moves. The launch includes support from tools such as Eternl, GeroWallet, CardanoScan, and BloxBean. ADA fell 4.5 percent over the preceding 24 hours amid a broader market decline.
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