"Japan is making a significant investment in the development and enhancement of XRPL (XRP Ledger) infrastructure, and this strategic move is drawing attention for several compelling reasons. The core focus is on the crucial aspects of identity verification and compliance related to XRP, as these elements are essential for ensuring secure and efficient transactions within the blockchain ecosystem. By prioritizing these factors, Japan aims to fortify its position in the rapidly evolving digital economy and promote trust among users, businesses, and regulatory bodies alike."
source: https://blocknews.com/japan-bets-big-on-xrpl-infrastructure-here-is-why-xrp-identity-and-compliance-are-in-focus/