Bitcoin has been officially "co-opted", and the global financial landscape will change?

Recently, the International Monetary Fund (IMF) has made a significant move that has garnered much attention. It has released the latest edition of the Balance of Payments Manual, seventh edition (BPM7), which has attracted widespread attention in the global financial sector. A major highlight of this update is the formal inclusion of cryptocurrencies such as Bitcoin (BTC) into the balance of payments.
For a long time, cryptocurrencies like Bitcoin have been the subject of much debate regarding their positioning in the financial sector. According to the newly established standards by the International Monetary Fund, Bitcoin and similar cryptocurrencies are now clearly classified as non-productive assets within the global economic statistical system. This classification means that cryptocurrencies have a clear positioning within the scope of international economic statistics and indicates that their role in the global economic landscape is gradually being defined and regulated by official entities.
The updated manual was officially released on March 20th, marking a milestone event as it signifies the International Monetary Fund's first inclusion of detailed guidance on digital assets into its global statistical standards. This not only reflects the International Monetary Fund's emphasis on the development trends of digital assets but also provides a unified and authoritative reference for countries around the world in handling economic data statistics related to cryptocurrencies, which may profoundly influence each country's regulation and statistical methods regarding cryptocurrencies in the future. (Source: Cryptoslate)
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