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

The ambitious proposal put forth by the mayor of Vancouver to invest city funds in Bitcoin has encountered significant obstacles, as both city regulations and provincial laws have effectively obstructed its advancement, preventing the initiative from proceeding further. source: https://www.coindesk.com/markets/2026/03/06/vancouver-mayor-s-bitcoin-investment-proposal-blocked-by-city-provincial-law