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Cardano said its CIP-0113 programmable token standard is now live on mainnet, enabling issuers to embed controls such as KYC requirements, sanctions screening, and transfer restrictions into native assets.
The Cardano Foundation has launched CIP-0113, a new programmable token standard on its mainnet. This standard allows issuers of assets like stablecoins and bonds to embed compliance rules such as KYC and sanctions checks directly into tokens, with enforcement by the Cardano ledger upon transfer, minting, or burning.