Cardano sets CIP-0113 live so issuers can freeze and seize tokens
Cardano's CIP-0113 is live on mainnet, adding KYC, denylist and freeze-or-seize rules to the native tokens an issuer makes programmable.
Key takeaways
- Live on mainnet. CIP-0113 merged on September 29, 2026 through a 90-commit proposal and went live about a week later.
- ADA near $0.271. CoinGecko showed ADA trading near $0.271 with a 2.5% gain across twenty-four hours.
- No hard fork. The Foundation says the standard needed no hard fork and does not let anyone freeze ADA.
What happened
Cardano's CIP-0113 token standard is live on mainnet. The proposal was formally merged into the Cardano Improvement Proposals repository on September 29, 2026, and went live about a week later during the TOKEN2049 conference. The Cardano Foundation announced the standard on October 7, 2026.
The framework lets an issuer attach rules to a native token that decide how it may move. An issuer can demand identity checks, refuse sanctioned wallet addresses, stop transfers, or let an authorized operator move assets without the holder's approval. The Cardano-based CMTA reference implementation lists KYC-gated transfers, sanctions denylists, global pauses, forced transfers and seizures as available controls.
The Foundation said the standard targets regulated stablecoins, tokenized funds and bonds. Rules chosen by an issuer are checked by the Cardano ledger whenever affected tokens are transferred, minted or burned.
Why it matters
Most crypto tokens can move freely between any two wallets, which is a problem for banks and fund managers that must follow identity and sanctions rules. The specification says the framework supports requirements that ordinary Cardano native tokens could not enforce after issuance, including allowlists, denylists and KYC-based transfer restrictions.
Cardano Foundation CEO Frederik Gregaard said regulated assets need rules that "travel with the asset and be enforced every time it moves." The Foundation says the change needed no hard fork and keeps the tokens as native assets, so enforcement sits in the ledger rather than in a company dashboard. The ledger validates the rules every time a token is minted, burned or transferred.
Other networks offer comparable tools. Ethereum has a permissioned token standard called ERC-3643, Solana offers transfer controls through token extensions, and the XRP Ledger lets issuers restrict holders and claw back balances.
What the data shows
ADA traded near $0.271 on Wednesday, and CoinGecko showed a 2.5% gain across twenty-four hours.
The proposal behind the standard carried 90 commits and merged on Sept. 29, 2026. Development on the standard began in 2023.
Background
Support already exists across wallets and developer tooling, including Eternl, GeroWallet, the blockchain explorer CardanoScan and developer tool provider BloxBean.
The Capital Markets and Technology Association, a Swiss industry group, also recognized CIP-0113 tokens and said they meet standards comparable to its framework used for issuing tokenized shares in Switzerland.
What is still unclear
- The standard does not give anyone the ability to freeze ADA or take control of every existing Cardano native token. The Foundation's technical repository says specific controls such as denylists and freeze-and-seize functions come from modules selected for individual programmable tokens.
- Cardano's ledger can hold several tokens in one shared transaction output. If an issuer restricts one token in that output, other tokens there could get caught up in the restriction, though the Foundation says a mechanism it calls "unfracking" addresses this.
- Wallets and decentralized finance platforms will still need to handle restricted and unrestricted tokens carefully when bundling them together.
Questions readers ask
What is Cardano CIP-0113?
CIP-0113 is a Cardano token standard that is live on mainnet. It lets an issuer attach checks such as KYC requirements, denylists, transfer pauses and freeze-or-seize rules to its own programmable tokens.
Can CIP-0113 freeze my ADA?
No. The standard does not give anyone the ability to freeze ADA or take control of every existing Cardano native token. Controls apply only to the tokens an issuer creates under the framework.
Did CIP-0113 require a hard fork?
No. The Foundation says the standard needed no hard fork and preserves tokens as native assets, because it uses capabilities already available on Cardano.
Which assets is CIP-0113 built for?
The Foundation said the programmable token standard is intended for assets such as regulated stablecoins, tokenized funds and bonds. A regulated fund could, for example, require both the sender and recipient to meet identity requirements before a transfer clears.