Follow UsCardano gives token issuers power to freeze, seize and restrict assets
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7 Oct, 04:11
Source: CoinDesk
AI Summary
Cardano introduces a new protocol standard enabling on-chain compliance features like asset freezing and sanctions controls for regulated tokens.
The new standard is aimed at regulated stablecoins, funds and bonds whose issuers need identity checks, sanctions controls and other transfer rules built into the asset itself.