Vancouver mayor presents plan to make city ‘Bitcoin-friendly’

Quick Summary:

Mayor Ken Sim will introduce a new motion in early December to make Vancouver a "Bitcoin-friendly city” but has failed to disclose the specific plans.

The post Vancouver mayor presents plan to make city ‘Bitcoin-friendly’ appeared first on CoinGeek.

However, all the other local governments only accept BTC on paper; essentially, the payment processor converts the BTC immediately to Canadian dollars, and the city never touches it.

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Article Details

Author / Journalist: Steve Kaaru

Category: Crypto

Markets: CanadaBrazilTurkeyUnited States

Topics: Business Regulation Crypto Crime Cartel Ken Sim BTC Vancouver

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-04 @ 06:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: coingeek.com

Language: English

Article Length: 501 words

Reading Time: 3 minutes read

Sentences: 21 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGeek

News ID: 24112992

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