IMF overhauls balance of payments standards to integrate Bitcoin and digital assets
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The International Monetary Fund (IMF) has released its seventh Balance of Payments Manual (BPM7), introducing comprehensive guidelines for digital assets. The manual categorizes cryptocurrencies like Bitcoin as non-produced nonfinancial assets, with different classifications based on liability structures. Staking rewards will be treated similarly to equity dividends, and transactions involving cryptocurrencies will be recorded separately in capital accounts.
March 22, 2025 | 12:15 pm
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IMF's new manual recognizes Bitcoin as a capital asset, potentially increasing institutional confidence and mainstream financial integration.
The IMF's formal recognition of Bitcoin as a non-produced nonfinancial asset in its Balance of Payments Manual represents a major step towards cryptocurrency legitimacy. This could attract more institutional investors and improve Bitcoin's perception in traditional financial markets.
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