Sky (formerly Maker) is reconsidering its plan to delist Wrapped Bitcoin (WBTC) as collateral following a recommendation from BA Labs.
- BA Labs has proposed suspending the delisting of WBTC following discussions with BitGo co-founder Mike Belshe.
- BitGo has committed to providing 60 days' notice of any changes.
- WBTC collateral risks have been reduced to an acceptable level.
- A vote on the new recommendations will take place on October 3.
🚀 Stay tuned!