The mayor of Vancouver, Ken Sim, has proposed creating a bitcoin reserve to strengthen the city's finances, which will be presented on December 11. The goal is to explore whether bitcoin can diversify resources and serve as a hedge against economic instability. Vancouver aims to become one of the most bitcoin-friendly cities in North America. The city already leads in the number of bitcoin merchants and crypto-community meetups. This initiative reflects a global trend toward using bitcoin as a financial tool.
11/30/2024 2:53:56 PM (GMT+1)
The mayor of Vancouver, Ken Sim, proposed creating a bitcoin reserve to diversify resources and protect against economic instability, with the plan to be presented on December 11 📉
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This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.
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