Sky reevaluates plan to offboard WBTC following discussion with BitGo CEO

BA Labs, an advisor to DeFi lender Sky, says its concerns with Tron founder Justin Sun’s involvement in the custody of the Wrapped Bitcoin token have been addressed and new recommendations will be put to a vote on Oct. 3.  Read More at https://cointelegraph.com/news/sky-reconsiders-wbtc-offboaring-plan-following-discussion-bitgo-ceo?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound

Gensler grilled as most ‘destructive’ SEC chair before congressional hearing

SEC Chair Gary Gensler has taken heat from lawmakers and members of his own agency during a House Financial Services Committee hearing over his handling of crypto regulation in the United States. Read More at https://cointelegraph.com/news/sec-chair-gary-gensler-grilled-lawless-destructive-enforcement-crypto-regulation?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound