Global regulators reflect a major transformation in the national level reporting of the movements of digital assets by determining the first set of extensive rules to measure crypto currency transactions.
International Monetary Fund recently Payment balance guideBringing uniform arrangements to monitor Bitcoin and other virtual currencies.
Mapping the crypto view
Accordingly IMF ReportsMore than 160 countries came together to create a new framework that fills tremendous gaps in monitoring digital asset flows. Crypto currency transactions, which are estimated to be trillions of dollars every year, have been reported as unstable or irregularly.
Destroy digital assets
The guide proposes a comprehensive classification system for crypto currencies. BitcoinFor example, it will be explained as a non-produced, non-financial entity-in the same way, nations explain land or natural resource rights.
Stablecoins such as Tether are defined as financial tools, while crypto services such as mining and stoping will be classified under computer services.
🚨 IMF Updates Crypto Classification in Global Finance
The International Monetary Fund (IMF) updated the Payment Balance Guide (BPM7) to take into account digital assets.
Bitcoin is now classified as a financial asset that is no longer produced, stablecoins and coins… pic.twitter.com/tqhzrw0z8w
– Encrypted (@Cryptic_web3) 23 March 2025
Global governments attract attention
The two countries have taken important steps in crypto money governance. United States Strategic Bitcoin ReserveIt has approximately 200,000 BTC obtained mostly with legal seizures. Donald Trump, President of the United States, signed an executive order that prevents the future sales of assets.
Bitcoin’s national experiment
Meanwhile, EL SALVADOR CONTINUES With Bitcoin plan. In December 2024, Ulus collected 6,4 billion dollars of 6,125 BTC, even after making a $ 1.4 billion agreement that requires restrictions on crypto currency transactions.
BTCUSD trading at $87,183 on the daily chart: TradingView.com
This national crypto currency reserves will be monitored in the same way as cross -border land acquisitions or spectrum undergraduate purchases, depending on the new guidance of the IMF. This methodology offers more transparency than usual by various countries.
Image: Gemini Imagen
Community response
The response of the crypto community has changed. Some of them interpret the guide as a great acceptance of Bitcoin’s height, while others fit that not much should be done from the report. Salvador president of the Bitcoin adviser Max Keizer claimed that the IMF accepted Bitcoin. “Digital Gold” – However, the IMF did not support such a status.
Breaking: The IMF recognized Bitcoin as a Defacto digital gold.
Sources confirm that the IMF adds Bitcoin to its own reserves and will soon include Bitcoin on SDR baskets/ indices. https://t.co/fn1tq7sa
– Max Keizer (@maxkeiser) 23 March 2025
Countries that use crypto currency will be the best use of these new reporting formats. For example, in Nigeria, it claims that more than 35% of adults use or have crypto currencies, as they arise in the 2023 kucoin report.
Although the guide does not give legal status to crypto currencies, it is an important step to realize its international economic importance. Banks and governments will be able to monitor and report the crypto currency transactions at the boundaries using clear and consistent methods.
Despite the discussions surrounding the future roles, the IMF promotes points to the increasing recognition of crypto currencies as an important element of the global financial system.
The prominent picture from Gemini Imagen, TradingView Graphics
Editorial process Bitcoinist has been thoroughly investigated and focused on providing accurate and impartial content. We maintain solid welding standards and each page is subject to an diligent examination by our best technology experts and experienced editors team. This process provides the integrity, relevance and value of our content for our readers.
