Cardano Brings Programmable Compliance to Native Tokens

Cardano has moved CIP-0113 programmable tokens to mainnet, giving issuers of regulated assets a standardized way to control how their tokens can change hands. The Cardano Foundation announced the production release after several months of development and independent security audits. The framework is designed for products such as regulated stablecoins, tokenized funds and securities, where unrestricted transfers can conflict with requirements around investor eligibility, sanctions or other legal obligations. The release addresses a longstanding constraint in Cardano’s native-asset model.

Source: Crypto News Flash