Vancouver passed a bill to become a "bitcoin-friendly city". Ken Sim, Vancouver's mayor, said at a city council meeting on December 11 that "we face affordability challenges and I firmly believe that bitcoin can solve our challenges, both financially and affordability." Ken Sim, Vancouver's mayor, has urged the city council to explore integrating bitcoin into municipal finance strategies, highlighting the potential of cryptocurrencies to enhance financial stability in a volatile fiat market. At the council meeting on December 11, Sim introduced a motion entitled "Maintaining the City's Purchasing Power by Diversifying Financial Reserves - Becoming a Bitcoin Friendly City".