The Japanese crypto exchange bitFlyer has said it will “pay close attention” to any hard forks that may happen as a result of Ethereum’s (ETH) transition from proof-of-work (PoW) to proof-of-stake (PoS), and that forked tokens that continue to rely on PoW could be supported.
Writing in a blog post published on Monday, bitFlyer did not clearly state whether any forked tokens will be supported, but said it will consider it “depending on the situation.”
“We will pay close attention to the value of ETHPoW tokens and requests from customers, and depending on the situation, we will consider granting and handling ETHPoW tokens in kind, or issuing cash equivalent to their value,” a rough translation of the Japanese blog post said.
The exchange added that it will need the approval of the Japanese Virtual Crypto Assets Exchange Association (JVCEA) before any new tokens can be handled.
Earlier this month, the major exchange Binance said it will “evaluate and consider support” for any forked...
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