Cardano rolls out CIP-0113 token standard with freeze and seizure powers
- —CIP-0113 lets issuers freeze, seize and blacklist token balances
- —Standard targets stablecoin and tokenized asset issuers with compliance needs
- —Native ADA cannot be frozen or seized under the new standard
- —ADA trades at $0.2475, below its EMA-20 of $0.2483, RSI at 53
Why it matters: The standard positions Cardano for regulated stablecoins and tokenized assets, though ADA demand has yet to confirm the shift.
Source: BTC-ECHO