XRP Ledger activates permissioned DEX for regulated institutions on mainnet
Summary
The XRP Ledger (XRPL) has activated the XLS-81 amendment, introducing a "Permissioned DEX" feature that allows regulated institutions to trade in controlled, private environments while maintaining on-chain transparency. This feature builds upon the recently activated "Permissioned Domains" and restricts participation via these domains, enabling entities like banks and brokers to access on-chain liquidity while adhering to regulatory standards and sanctions. Each domain functions as a separate DEX with its own order books, ensuring trades are confined to that specific domain. This development is anticipated to significantly boost institutional adoption of the XRPL by bridging the gap between decentralized finance innovation and necessary regulatory compliance.
(Source:Crypto Briefing)