Vancouver Mayor Plans to Launch "Bitcoin Friendly City" Initiative

Ken Sim, the Mayor of Vancouver, Canada, announced that the city plans to incorporate Bitcoin into its balance sheet as part of efforts to diversify investments. During the Vancouver City Council meeting on November 26, Sim submitted a notice of motion that he intends to propose on December 11, titled "Maintaining the City's Purchasing Power through Financial Resource Diversification: Building a Bitcoin Friendly City". As of November 27, the motion does not appear to have been published on the city government's website.