Vancouver Mayor Ken Sim is making waves by proposing the addition of Bitcoin to the city's balance sheet. In a city council meeting on Nov. 26, Sim announced plans to introduce a motion on Dec. 11 aimed at diversifying Vancouver's financial resources by adopting Bitcoin as a reserve asset. This move aligns with Sim's earlier campaign promises to integrate cryptocurrency into city operations. While the motion's details are not yet public, it reflects a growing trend, with some U.S. lawmakers also considering Bitcoin reserves. Whether Sim's proposal will gain enough support remains to be seen.
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