๐ Vancouver is eyeing a future as a 'bitcoin-friendly city', but British Columbia's province-wide BTC mining ban remains until Dec 2025. The ban, upheld by the B.C. Supreme Court, aims to address energy concerns. ๐
Mayor Ken Sim's motion highlights bitcoin's financial perks, yet provincial electricity regulations limit its impact on mining. BC Hydro, powered by over 90% hydroelectricity, is key in this energy debate.
With updated laws allowing direct provincial regulation over crypto electricity, could other industries face similar scrutiny? Share your thoughts below! #Bitcoin #CryptoRegulation