ERC-3643 Standard

Definition ∞ The ERC-3643 standard is an Ethereum Request for Comment that specifies a framework for regulated, transferable tokens, primarily designed for security tokens and other compliant digital assets. It defines rules for token issuance, transfer restrictions, and identity management on the blockchain. This standard enables the creation of tokens that adhere to legal and regulatory requirements. It ensures controlled and compliant digital asset circulation.
Context ∞ The ERC-3643 standard is gaining significance in news regarding the tokenization of traditional financial assets, as it provides a pathway for compliant digital securities on the Ethereum blockchain. Its adoption facilitates institutional participation by addressing critical regulatory requirements such as Know Your Customer (KYC) and Anti-Money Laundering (AML). This standard is a key enabler for bridging conventional finance with the decentralized digital asset space.