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Crypto News

Bitcoin goes to the prevailing – IMF merges Crypto into international standards

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World Organizers have developed the first group of broad rules for measuring cryptocurrencies, which reflects a major transformation in reporting digital asset movements at the national level.

The International Monetary Fund recently released Balance of Payments DirectoryProviding unified regulations to monitor Bitcoin and other virtual currencies.

Checks maps of the scenery

according to International Monetary Fund reportsMore than 160 countries met to create a new framework that fills huge gaps in monitoring digital asset flows. Cleated currency transactions, which are estimated at trillion dollars every year, have not been registered or reported irregularly.

Digital assets destroy

The guide proposes a comprehensive classification system for cryptocurrencies. BitcoinFor example, it will be calculated as a non-financial non-financial origin-the same way that states represent land rights or natural resources.

Stablecoins such as Tether will be determined as financial tools, while encryption services such as mining and carrying out computer services will be classified.

Global governments notice

Two states have taken important steps in cryptocurrency governance. The United States has formed a Bitcoin strategic reservesHolding about 200,000 BTC for the largest part obtained through legal seizures. US President Donald Trump has signed an executive matter preventing future sales of assets.

National Bitcoin experience

Meanwhile, Al Salvador continues With Bitcoin. The nation raised 6,125 BTC, at a value of approximately $ 538 million, even after inciting a $ 1.4 billion deal with the International Monetary Fund in December 2024, which called for restrictions on encrypted currency transactions.

BTCUSD trading at $87,183 on the daily chart: TradingView.com

This national cryptocurrency reserves will now be monitored, according to the new directives from the International Monetary Fund, in the same way as the border land acquisitions or the purchase of the spectrum license. This methodology provides greater than ever the transparency in which different countries manage digital assets.

Image: Gemini Imagen

Community reaction

Difficulty in the response of the encryption community. Some explain the evidence that it is a great recognition of Bitcoin’s standing, while others warn that a lot of the report should not be presented. MAX Keizer, Bitcoin Adviser to President El Salvadori, confirmed that the International Monetary Fund admitted to Bitcoin “Digital Gold” But the International Monetary Fund has not supported any such situation.

It will be the countries that use the cryptocurrency that earns more than these new forms of reports. In Nigeria alone, for example, more than 35 % of adults claim the use or possession of cryptocurrencies, as shown in the Cocoin 2023 report.

Although the evidence does not give a legal status of encrypted currencies, it is an important step towards achieving their international economic importance. Banks and governments will be able to track and report encrypted currency transactions across the border using clear and consistent methods.

The upgrade of the International Monetary Fund is an increasing recognition of encrypted currencies as an important element in the global finance system, despite the differences surrounding their future role.

Distinctive image from Gemini Imagen, the tradingvief chart

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