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The International Monetary Fund (IMF) has updated its Balance of Payments Manual (BPM7) to include digital assets. According to this classification, cryptocurrencies like Bitcoin are categorized as non-productive and non-financial assets, while tokens with corresponding liabilities, such as stablecoins, are considered financial instruments. Under the new framework, Bitcoin and similar assets are classified as capital assets in the capital account, whereas tokens like Ethereum and Solana are treated as equity-like assets in the financial account. The IMF has also recognized staking rewards and validation services as income, reflecting the growing economic impact of digital assets and increasing transparency in macroeconomic statistics.
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