Vancouver City Staff Rejects Bitcoin Treasury Idea Ahead of March 10 Council …
In recent developments, vancouver city staff have recommended that council halt work on a motion exploring a municipal bitcoin reserve, concluding the cryptocurrency is not an allowable investment under the…
Vancouver Moves to Close Bitcoin Reserve Proposal After Legal Review
In recent developments, over a year after Vancouver explored becoming a “Bitcoin-friendly city,” staff say municipal law bars holding Bitcoin in city reserves. Looking closer, market participants highlight key drivers…
Vancouver Bitcoin reserve effort hits resistance from city officials
In recent developments, vancouver city staff say Bitcoin is not permitted under the Vancouver Charter and recommend dropping Mayor Ken Sim’s 2024 reserve proposal ahead of a Tuesday council vote.…
