Vancouver Mayor Plans to Launch “Bitcoin Friendly City” Initiative

PANews reported on November 28 that according to Cointelegraph, Ken Sim, the mayor of Vancouver, Canada, announced that the city plans to include Bitcoin in its balance sheet as one of its investment diversification initiatives. At the Vancouver City Council meeting on November 26, Sim submitted a motion notice that he intended to propose on December 11, titled "Maintaining the city's purchasing power through diversification of financial resources: creating a Bitcoin-friendly city." As of November 27, the motion does not seem to have been published on the city government's website.

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