Vancouver eyes Bitcoin as El Salvador reconsiders its crypto bet

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While Vancouver is mulling embracing Bitcoin as a shield against inflation, El Salvador—once the poster child for crypto adoption—is scaling back its bold gamble to secure crucial IMF funding. On December 11, the Vancouver City Council will consider a proposed motion that seeks to integrate Bitcoin into the city’s financial strategies to mitigate the impact of inflation. Dubbed the “Preserving of the City’s Purchasing Power Through Diversification of Financial Reserves – Becoming A Bitcoin Frien...