Quick take:
In support of Binance.US XRP holders, Binance.US will provide XRP balance snapshots for Binance.US users, allowing users to then opt-in to the Flare Network distribution of SPARK in 2021.
Binance.US supporting the Flare Networks snapshot thus leaves Coinbase
as the only US-based crypto exchange yet to make a decision regarding the event. Earlier this week, Kraken announced that it will be supporting the snapshot and airdrop.Also this week, Huobi, OKEx and Bitfinex announced that they will be supporting the Flare Networks snapshot
and eventual distribution of Spark Tokens (FLR).The team at Flare Networks is also in talks with a consortium of 12 Japanese Crypto exchanges with respect to supporting the distribution of Spark Tokens (FLR) next year. According to an official announcement from the 12 Crypto Exchanges, the airdrop needs JVCEA and FSA approval by June 22nd, 2020.
If Spark token is officially approved for listing by the Japan Virtual and Crypto assets Exchange Association (JVCEA) and the Financial Services Agency by June 22, 2022 JST, we will claim Spark token and distribute it to each exchange’s XRP holders.
In the meantime, the snapshot on the 12th will be supported by the 12 Japanese crypto exchanges making up the consortium. The 12 crypto exchanges are as follows.