Cardano launched the programmable token standard CIP-0113: supporting compliance rules such as KYC and sanctions screening

The Cardano Foundation announced that the programmable token standard CIP-0113 has officially launched on the Cardano mainnet, allowing issuers of regulated assets such as stablecoins, tokenized funds, and bonds to directly embed compliance rules such as KYC, anti-money laundering, sanctions screening, asset freezing and confiscation, and transfer restrictions into the tokens, which will be executed by the Cardano ledger during each transfer, minting, and burning.

This standard does not require a hard fork, and the tokens remain native assets of Cardano, with issuers able to update the rule modules according to regulatory changes.