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

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'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.

Vancouver Council Votes in Favor of Exploring Bitcoin as a Financial Strategy

Vancouver’s city council has voted in favor of exploring the use of BTC in municipal finances, marking a significant step toward making the city “Bitcoin-friendly.” Mayor Ken Sim introduced the motion, which passed on Wednesday with strong support from six councilors. Two voted against it, and three were absent. Vancouver to Explore Bitcoin Integration The mayor’s initiative aims to explore Bitcoin as a potential safeguard against inflation and …

Vancouver City Council Passes Motion to Become 'Bitcoin-Friendly City' – Finance Bitcoin News

A policy that could allow the use of bitcoin in city financing has been enacted by the Vancouver City Council. Vancouver Votes to Get Ahead on Bitcoin Vancouver, the third-largest metropolitan area in Canada, has passed a policy that could result in the use of bitcoin in city finances. The council of the Canadian city […]