Global regulatory authorities have established the first set of extensive rules for measuring cryptocurrency transactions, reflecting a solemn transformation in reporting digital assets at national level.
The International Monetary Fund has recently published the seventh Payment balance handbookExtraction of uniform regulations to monitor bitcoins and other virtual currencies.
Cryptographic landscape mapping
According to MFW reportsOver 160 nations have gathered to create a recent framework that fills huge gaps in monitoring digital assets. Cryptocurrency transactions, which are estimated at billions of dollars per year, have not been recorded or irregularly reported for a long time.
Breaking down digital resources
The guide offers a comprehensive cryptocurrency classification system. Bitcoin,
Stablecouins, such as Tether, will be identified as financial instruments, while cryptographic services, such as mining and rate, will be classified as part of the export of computer services.
🚨 IMFT updates the cryptographic classification in global finances
The International Monetary Fund (IMF) has updated the payment balance manual (BPM7) to better include digital assets.
Bitcoin is now classified as a non -financial resource, while Stablecouins and tokens … pic.twitter.com/tqhzrw0z8w
– Cryptic (@cryptic_web3) March 23, 2025
Global governments pay attention
Two nations have taken significant steps in cryptocurrency management. The United States has created Strategic Bitcoin Reservehaving about 200,000 BTC in most obtained by lawful seizures. The President of the United States Donald Trump has signed an executive order blocking the future sale of assets.
National Bitcoin experiment
In the meantime, The salvador persists With the Bitcoin plan. The nation accumulated 6125 BTC, worth about $ 538 million, even after the conclusion of an agreement worth $ 1.4 billion from the IMF in December 2024, which required restrictions on cryptocurrency transaction.
BTCUSD trading at $87,183 on the daily chart: TradingView.com
These national cryptocurrency reserves, in accordance with the recent MFW guidelines, will now be monitored in the same way as the cross -border purchase of land or purchases of the spectrum license. This methodology offers greater transparency that various nations manage digital resources.
Image: Gemini Imagen
Community reaction
The reaction of the cryptographic community was varied. Some interpret the textbook as a great recognition of Bitcoin’s posture, while others warn that too much cannot be made of a report. Max Keizer, Bitcoin advisor for President Salvadoran, confirmed the IMF recognized Bitcoin for “Digital gold” – But the IMF did not support such status.
Breaking: MFW has just recognized Bitcoin as defacto digital gold.
Sources confirm that the IMF adds Bitcoin to its own reserves, and soon contains Bitcoin also in its basket/ SDR index. https://t.co/fn1takq7sa
– Max Keizer (@maxkeiser) March 23, 2025
Countries using cryptocurrencies will be those that will gain the most from these recent reporting formats. For example, in Nigeria, over 35% of adults claim that they utilize or have cryptocurrencies, as revealed in the Kucoin 2023 report.
Although the guide does not give the legal status of cryptocurrencies, this is an crucial step towards implementing their international economic significance. Banks and governments will be able to follow and report cryptocurrency transactions over borders using clear and coherent methods.
The improvement of the IMF means more and more recognition of cryptocurrencies as a significant element of the global financing system, despite the controversy associated with their future role.
A distinguished picture from Gemini Imagen, chart from TradingView
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