Vancouver City Staff Drops Mayor’s Plans For “Bitcoin-Friendly City”

Vancouver City Staff Drops Mayor’s Plans For “Bitcoin-Friendly City”

Mayor Ken Sim’s dream of transforming Vancouver into a “Bitcoin-friendly city” appears to be coming to an unceremonious end. On March 5, the city staff released a definitive report recommending that the Vancouver City Council end its study exploring a potential strategic Bitcoin reserve, citing that the cryptocurrency is “not an allowable investment asset for … Read more