MONEDIAL.comThe History of Bitcoin

· adoption

Vancouver approves Bitcoin-friendly-city study

Vancouver's council advances a motion to study Bitcoin payments and diversification of city financial reserves.

On December 11, 2024, Vancouver approves Bitcoin-friendly-city study. Vancouver's council advances a motion to study Bitcoin payments and diversification of city financial reserves.

The council motion directed work on becoming a 'Bitcoin Friendly City,' including examination of reserve diversification and payment possibilities. It was an exploratory municipal mandate, not an actual Bitcoin reserve purchase.

It documents a concrete expansion of how people or institutions could use Bitcoin rather than a statement of future intent alone.

Sources

  1. City of Vancouver agenda: Becoming a Bitcoin Friendly City