Cardano Launches CIP-0113 Token Standard Allowing Issuers to Restrict Asset Transfers

Cardano's CIP-0113 token standard enables regulated asset issuers to enforce identity checks, sanctions controls, and other transfer rules, embedding compliance checks into the token itself.

Why it matters. This change affects regulated asset issuers on the Cardano network, allowing them to enforce strict transfer rules and comply with regulations without requiring a hard fork.