IMF includes Bitcoin and other digital assets in global economic statistics standards for the first time

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MarsBit
03-23
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Mars Finance News, on March 23, according to CrowFund Insider, the International Monetary Fund (IMF) released the seventh edition of the Balance of Payments Manual (BPM7) on March 20, which for the first time incorporated digital assets such as cryptocurrencies into the global economic reporting framework, marking the first update since 2009. According to the new framework, digital assets are divided into fungible and non-fungible tokens and further classified based on their liability status: Bitcoin and other unendorsed assets are classified as non-productive non-financial assets in the capital account; digital currencies backed by liabilities such as stablecoins are viewed as financial instruments; platform tokens like ETH, SOL may be classified as equity-like instruments if held across borders; staking and cryptocurrency earnings activities are considered dividend income sources; mining and staking-related services are recognized as exportable computer services. The IMF plans to promote the widespread adoption of BPM7 and the latest System of National Accounts before 2029-2030.

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