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The IMF has for the first time included Bitcoin and other digital assets in the global economic statistical standards.
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, incorporating digital assets such as cryptocurrencies into the global economic reporting framework for the first time since the manual's last update in 2009. According to the new framework, digital assets are categorized into fungible tokens and non-fungible tokens and further classified based on whether they bear related liabilities: unbacked assets like Bitcoin are classified as non-productive non-financial assets, falling under the capital account; digital currencies supported by liabilities, such as stablecoins, are considered financial instruments; platform tokens like ETH and SOL may be classified as equity-like instruments if held cross-border; staking and earnings from crypto activities are seen as sources of dividend income; mining and staking-related services are recognized as exportable computer services. The IMF plans to promote the widespread adoption of BPM7 and the latest national accounts system before 2029-2030.