Vancouver's 'bitcoin friendly city' plan likely to hit provincial roadblocks

Vancouver passes motion to become a ‘Bitcoin-friendly city’

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Vancouver City Council Passes Pro-Bitcoin Motion Citing Fiat Challenges

Vancouver, British Columbia’s city council has passed a motion to explore the possibility of accepting bitcoin (BTC) for payment of taxes and fees as well as establishing a bitcoin reserve. The motion, prepared by Mayor Ken Sim, calls for “diversifying the City of Vancouver’s financial reserves and payment options to include bitcoin.” Story continues below... The post Vancouver City Council Passes Pro-Bitcoin Motion Citing Fiat Challenges appear…

Vancouver City Council Passes Bitcoin Reserve Asset Motion

On December 11, Vancouver councilors voted in favor of Mayor Ken Sim's motion to make the city "Bitcoin-friendly" and authorize staff to look into holding cryptocurrency in reserve.

Vancouver's 'bitcoin friendly city' plan likely to hit provincial roadblocks

Vancouver city council passed a motion Wednesday to make the city “bitcoin friendly,” but it’s likely to meet provincial roadblocks.

Vancouver council passes mayor's motion to make city 'bitcoin-friendly,' but legal hurdles remain

Vancouver councillors passed a motion from Mayor Ken Sim on Wednesday that seeks to make the city "bitcoin-friendly," giving staff the thumbs up to explore holding cryptocurrency in reserve and accepting payments in the virtual currency.

City of Vancouver to probe investing in Bitcoin, accepting it as payment

The motion won't mean the city is investing or accepting payment in cryptocurrency any time soon, but will instead direct staff to look into those possibilities.