Cardano launches programmable token standard with built-in compliance tools

The Cardano Foundation said it has launched CIP-0113, a programmable token standard for the Cardano mainnet that lets issuers embed compliance features directly into tokens. Issuers of regulated assets such as stablecoins, tokenized funds, and bonds can use the standard to set rules for KYC and AML checks, sanctions screening, asset freezes and seizures, and transfer restrictions within the token itself. The foundation said the standard can be applied without a separate hard fork, while issuers can choose modular rules, write their own, and update them as regulations change.