Vancouver Mayor Pushes Bitcoin As Reserve Asset In Bold Financial Plan

Quick Summary:

At a city council meeting on November 26th, Mayor Ken Sim submitted his notice of motion, where he plans to introduce his proposed Bitcoin bill on December 11th.

Vancouver is the latest city to join the discussions on adding Bitcoin to the government’s financial reserves.

Related Reading: Is Bitcoin Suriname’s Future?

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Article Details

Author / Journalist: Christian Encila

Category: Crypto

Markets: HungaryCanadaSuriname

Topics: Vancouver Reserve asset Btc Bitcoin Btcusd Crypto Bitcoin

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-29 @ 07:30:00 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 485 words

Reading Time: 3 minutes read

Sentences: 37 lines

Sentence Length: 14 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 23939548

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About Bitcoinist

Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 11 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

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