Vancouver Mayor Ken Sim has announced plans to include Bitcoin (BTC) in the city’s investment portfolio, aiming to make the city a crypto-friendly hub. 🌐
- During a city council meeting on November 26, Sim introduced the proposal “Protecting the City’s Purchasing Power Through Financial Diversification: Becoming a Bitcoin-Friendly City.”
- The proposal, which will be formally introduced on December 11, is part of a strategy to modernize finance and mitigate economic risks by leveraging the rising value of Bitcoin.
- If approved, Vancouver will join a growing list of cities and countries that are exploring the potential of Bitcoin to enhance financial inclusion and drive economic growth. 📈