IMF Releases New Guidelines for Classifying Digital Assets

According to Foresight News, the International Monetary Fund (IMF) has published the seventh edition of its Balance of Payments and International Investment Position Manual (BPM7), providing detailed guidelines on the classification and recording of cryptocurrencies such as Bitcoin, stablecoins, and token-based platforms like Ethereum and Solana. The new framework categorizes digital assets into fungible and non-fungible tokens, further classifying them based on whether they carry associated liabilities. Bitcoin and other tokens without liability backing are considered non-productive non-financial assets and are included in the capital account. source: https://www.binance.com/en/square/post/21915761620026?utm_source=BinanceNewsRSS