đ Vancouver is exploring becoming a 'bitcoin-friendly city,' despite British Columbia's ongoing ban on BTC mining, set to last until December 2025. The ban, initiated in December 2022, aims to address energy concerns and was upheld by the B.C. Supreme Court in 2024.
- Vancouver's motion, led by Mayor Ken Sim, highlights bitcoin's financial perks but can't alter mining regulations due to provincial jurisdiction.
- B.C.'s updated Energy Statutes Amendment Act allows the government to directly regulate electricity for crypto, bypassing the BC Utilities Commission.
What are your thoughts on balancing energy use and crypto innovation? Share in the comments!