XRP Ledger Developers Propose Token Blocking Rules With Two New Transaction Types
- —XLS-87 adds TokenPreauth and TokenBlock for Multi-Purpose Tokens
- —Blocking an account does not freeze tokens it already holds
- —In the current draft a blocked account can still authorize itself
- —A narrow TokenBlockCreate permission allows blocking without removal rights
Why it matters: Issuer-controlled permissions could make XRPL more attractive for tokenized securities, though the proposal still needs enforcement code and validator approval.
Source: Coinpaper