đ Vancouver's Mayor Ken Sim is shaking things up by proposing Bitcoin as a reserve asset for the city! During a city council meeting on Nov. 26, Sim announced plans to diversify Vancouver's investments with a dash of crypto flair. The motion, humorously titled "Becoming a Bitcoin-friendly city," is set to be introduced on Dec. 11.
While the cityâs website hasnât posted the motion yet, Simâs crypto enthusiasm is no secretâhis campaign even accepted crypto donations! Will Vancouver become the next crypto capital? Stay tuned as the city council decides if Bitcoin will make it to their balance sheet!