IMF Includes Bitcoin and Other Digital Assets in Global Economic Data Standard for First Time

BlockBeats News, March 23rd, according to CrowFund Insider, on March 20th, the International Monetary Fund (IMF) released the seventh edition of the "Balance of Payments Manual" (BPM7), which for the first time includes digital assets such as cryptocurrencies in the global economic reporting framework, marking the first update to the manual since 2009. Under the new framework, digital assets are divided into fungible tokens and non-fungible tokens, further classified based on whether they carry related liabilities:

Non-endorsed assets like Bitcoin are classified as non-produced non-financial assets and attributed to the capital account;

Digital currencies supported by liabilities like stablecoins are considered financial instruments;

Platform tokens like ETH and SOL, if held across borders, may be classified as quasi-equity instruments;

Staking and cryptocurrency yield activities are viewed 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 System of National Accounts by 2029-2030.