XRP Ledger Tightens Rules For Restricted Tokens
Developers on the XRP Ledger are introducing stricter requirements for entities holding restricted tokens.
Developers on the XRP Ledger have tightened the rules governing who is permitted to hold restricted tokens on the network, according to CoinDesk. The update introduces stricter criteria for asset issuers and holders navigating compliance-focused tokens within the ecosystem.
Rule Adjustments
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The protocol-level adjustments aim to give issuers tighter control over transfer permissions and holder eligibility. Specific technical criteria for compliance hooks were outlined in recent network updates.
Key facts
- Developers on the XRP Ledger tightened rules for holding restricted tokens, according to CoinDesk.
- The updates focus on compliance and transfer restrictions for token issuers.
Source: news.google.com
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