Published • loading... • Updated
Cardano Lets Token Issuers Freeze and Seize Assets Under New Rules
The standard lets issuers block unverified or sanctioned transfers and freeze assets when regulators or courts require it.
- On Wednesday, October 7, 2026, The Cardano Foundation launched CIP-0113, enabling issuers of stablecoins, funds, and bonds to freeze or seize holdings and enforce transfer restrictions on Cardano.
- Shared smart contracts on Cardano enforce compliance rules before each transfer, preventing tokens from reaching unverified or sanctioned addresses while keeping restrictions attached to assets across services.
- Recognized by the Capital Markets and Technology Association, a Swiss industry body, the standard gains support from CardanoScan, BloxBean, Eternl, and GeroWallet following independent security audits.
- Other blockchains already offer similar standards: Ethereum provides ERC-3643, Solana uses token extensions for transfer controls, and the XRP Ledger supports issuer-restricted tokens.
- Frederik Gregaard, chief executive of The Cardano Foundation, stated that "rules have to travel with the asset and be enforced every time it moves." ADA fell 4.5% in the past 24 hours.
Insights by Ground AI
17 Articles
17 Articles
Cardano's CIP-0113 token standard has gone live following audits. Stablecoin, fund, and bond issuers can now freeze, seize, or restrict tokens.
Cardano has activated on the mainnet a new standard of compliance for the Tokenized Finance. It is called CIP-0113 and gives life to the programmable tokens of Cardano, able to carry KYC controls and blocking rules directly in the assets. The proposal, composed of 90 commit, was joined to the main code on 29 September, while the Cardano [...]
Coverage Details
Total News Sources17
Leaning Left0Leaning Right0Center2Last UpdatedBias Distribution100% Center
Bias Distribution
- 100% of the sources are Center
100% Center
C 100%
Factuality
To view factuality data please Upgrade to Premium
