The Cardano Foundation has launched CIP-0113 on mainnet, a new token standard that allows issuers to embed compliance controls such as freezing, seizing, and restricting Cardano native tokens directly on the blockchain. This standard enforces rules like KYC, AML, and sanctions screening at the ledger level without needing off-chain systems, maintaining predictable execution costs and no hard fork. Designed mainly for regulated assets like stablecoins and tokenized funds, CIP-0113 introduces modular compliance rules and addresses challenges from Cardano's eUTXO model with an "unfracking" mechanism. While this enhances regulatory compliance, token holders must trust issuers since tokens can be frozen or seized, though ADA itself remains unrestricted.
The Cardano Foundation's launch of CIP-0113 token standard is contextually set against a market where only 4 of 50 major cryptocurrencies rose today. As of Oct 07, 2026 11:02 WIB, AXS traded at Rp21.661 with a 1-day change of -6.15%, ZIL was priced at Rp60 down 6.05%, and BAT stood at Rp1.760 with a 6.04% decline. This snapshot highlights the prevailing downward pressure in the broader crypto market on Pluang.
Ether (ETH) traded near $2,610.05 with Binance's perpetual market showing a $9.64 million bid advantage over asks, the largest among major venues. Binance's perpetual book had $71.14 million in bids versus $61.50 million in asks, indicating strong bu...
The Cardano Foundation introduced CIP-0113, a new token standard that allows issuers of regulated assets like stablecoins, funds, and bonds to enforce identity checks, sanctions screening, and transfer restrictions directly within the token. This sta...
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