🚨 Hot news just dropped: the XRP Ledger is set to undergo a major upgrade in October, allowing banks and businesses to share control between payment execution and regulatory compliance—without fully transferring authority to another account.
According to CoinDesk, this upgrade may be activated on 5/10, granting limited privileges to a second account, such as: carrying out transactions or approving customers, while the core control remains with the original party.
This marks an important step in connecting crypto with traditional finance, but it also raises many new questions about risk management and identity in a decentralized era.
The update will be activated on October 5. Businesses can begin testing limited permissions in early October, but the official timing depends on the network’s consensus.
Is anyone here following the progress of the XRP Ledger? Will this upgrade help XRP enter banks, or will it create new regulatory hurdles? Drop a comment for me! 👇
#XRP #XRPLedger #CryptoRegulation #BinanceSquare #Web3Vietnam
According to CoinDesk, this upgrade may be activated on 5/10, granting limited privileges to a second account, such as: carrying out transactions or approving customers, while the core control remains with the original party.
This marks an important step in connecting crypto with traditional finance, but it also raises many new questions about risk management and identity in a decentralized era.
The update will be activated on October 5. Businesses can begin testing limited permissions in early October, but the official timing depends on the network’s consensus.
Is anyone here following the progress of the XRP Ledger? Will this upgrade help XRP enter banks, or will it create new regulatory hurdles? Drop a comment for me! 👇
#XRP #XRPLedger #CryptoRegulation #BinanceSquare #Web3Vietnam
