Vancouver's' Bitcoin Friendly City 'Plan Dies: Legal Review Resolves, Municipal Funds Prohibited from Holding BTC Golden Finance reports that Vancouver, British Columbia, Canada's vision for a "Bitcoin friendly city" has suffered a major setback. City government officials have recently announced their recommendation to terminate a motion proposed by the city council aimed at making Vancouver a 'Bitcoin friendly city'. The direct reason for this decision is the result of legal review: according to the Vancouver Charter, Municipal Reserve Funds are explicitly prohibited from holding Bitcoin. This legal obstacle prevents the core content of the proposal from being implemented, marking a temporary end to the debate on cryptocurrency and local government financial management.