Vancouver council passes mayor's motion to make city 'bitcoin-friendly'

Vancouver councillors passed a motion from Mayor Ken Sim on Wednesday that seeks to make the city "bitcoin-friendly," giving staff the thumbs up to explore holding cryptocurrency in reserve and accepting payments in the virtual currency.

Vancouver council passes mayor's motion to make city 'bitcoin-friendly'
An man with short black hair wearing a black fitted T-shirt speaks at a podium, with a few other people behind him.

Vancouver councillors passed a motion from Mayor Ken Sim on Wednesday that seeks to make the city "bitcoin-friendly," giving staff the thumbs up to explore holding cryptocurrency in reserve and accepting payments in the virtual currency.