Vancouver Mayor’s Bitcoin Reserve Dream Hits Legal Wall | Bitcoinist.com

Vancouver city staff have recommended that councillors drop Mayor Ken Sim’s Bitcoin motion, which ordered work on accepting payments in BTC and exploring a Bitcoin reserve for part of the city’s fu...

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Vancouver Mayor’s Bitcoin Reserve Dream Hits Legal Wall | Bitcoinist.com

Source: Bitcoinist.com

Vancouver city staff have recommended that councillors drop Mayor Ken Sim’s Bitcoin motion, which ordered work on accepting payments in BTC and exploring a Bitcoin reserve for part of the city’s funds. Bitcoin: “Not An Allowable Investment Asset” In a report released on March 2 reviewing outstanding council directions, the Vancouver staff has deemed Bitcoin […]