The Cardano Foundation announced that the Swiss Capital Markets and Technology Association (CMTA) now recognizes Cardano’s CIP-113 Programmable Asset Tokens as equivalent to its CMTAT smart contract standard for certification purposes. This alignment enables Cardano-based tokens to meet established Swiss regulatory benchmarks for digital assets without requiring additional customization.
The CIP-113 standard has completed multiple independent security audits and was implemented without necessitating a hard fork on the Cardano network. The recognition strengthens Cardano's position in regulated markets by providing institutional-grade tokenization infrastructure compatible with existing Swiss compliance frameworks.
Swiss CMTA Recognizes Cardano’s CIP-113 Token Standard as Equivalent to CMTAT
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
