$ADA now lets token issuers freeze and seize regulated tokens.
Cardano's CIP-0113 went live yesterday after independent security audits. Issuers of stablecoins, funds and bonds can embed identity checks, sanctions screening and seizure powers right into the token — no hard fork.
Cardano Foundation CEO Frederik Gregaard: "The rules have to travel with the asset and be enforced every time it moves."
My take: the decentralization crowd will hate it, but this is what tokenized funds need to exist onchain. ADA is down 4.5% today — the market isn't celebrating yet.
Permissionless purity or regulated adoption — your pick? 👀
#ADA #Cardano #CryptoNews
DYOR
Cardano's CIP-0113 went live yesterday after independent security audits. Issuers of stablecoins, funds and bonds can embed identity checks, sanctions screening and seizure powers right into the token — no hard fork.
Cardano Foundation CEO Frederik Gregaard: "The rules have to travel with the asset and be enforced every time it moves."
My take: the decentralization crowd will hate it, but this is what tokenized funds need to exist onchain. ADA is down 4.5% today — the market isn't celebrating yet.
Permissionless purity or regulated adoption — your pick? 👀
#ADA #Cardano #CryptoNews
DYOR