XRP Releases Major Update Targeting Wall Street Giants

XRP Ledger (XRPL) has launched a new authorization system that allows banks, stablecoin issuers, and tokenized fund managers to manage accounts more securely and flexibly. The activated PermissionDelegationV1_1 update allows enterprise users to delegate the authority to perform specific actions to different accounts while keeping the private keys of their main accounts offline. The new system allows organizations to grant limited permissions to other accounts for actions such as customer verification, payment processing, and account freezing, without transferring control of their main account.

Source: Bitcoin Sistemi