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

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Cardano has deployed its programmable token standard CIP-0113 on mainnet, enabling issuers to embed compliance controls directly into native blockchain assets. These controls include know-your-customer requirements, sanctions restrictions and conditional transfer rules. The Cardano Foundation announced the launch following collaborative development with community members and multiple security audits. CIP-0113 has been recognized by the Swiss Capital Markets and Technology Association. Several ecosystem tools and wallets already support the standard, which aims to provide infrastructure suited to regulated finance without converting the underlying network or its native ADA token into permissioned systems.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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