Vancouver mayor's bitcoin investment proposal blocked by city, provincial law

Vancouver Mayor Ken Sim’s plan to invest city reserves in bitcoin BTC$70,614.48 is not permitted under the Vancouver Charter and British Columbia’s Municipal Finance Authority Act, a staff report s...

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Vancouver mayor's bitcoin investment proposal blocked by city, provincial law

Source: cryptonews.net

Vancouver Mayor Ken Sim’s plan to invest city reserves in bitcoin BTC$70,614.48 is not permitted under the Vancouver Charter and British Columbia’s Municipal Finance Authority Act, a staff report says.The briefing released ahead of a March council meeting ...