**[Cardano Introduces CIP-0113 Standard, Allowing Token Issuers to Freeze, Seize, and Restrict Assets]** Odaily Planet Daily News: The Cardano Foundation has introduced the CIP-0113 token standard, enabling regulated asset issuers to restrict recipients, freeze, seize, or transfer token holdings based on predefined rules. This standard allows issuers to implement such controls without requiring a hard fork of the Cardano network. CIP-0113 mandates compliance checks for each transaction, including identity verification and sanctions list screening. Issuers can choose or customize rules and update them as regulatory requirements evolve. Under the authorization mechanism, relevant parties can transfer tokens without the consent of the holder. (CoinDesk)