News View Non-AMP

IMF’s New Crypto Classification Explained: Bitcoin, Stablecoins, and Staking

Published by
Nidhi Kolhapur

The International Monetary Fund (IMF) has updated its balance of payments standards to reflect the growing role of digital assets. For the first time, cryptocurrencies like Bitcoin (BTC) are being formally recognized in global economic reporting.

So, how exactly does the IMF classify crypto? And what does this mean for cross-border transactions, staking, and mining? Here’s a closer look at the key changes and why they matter.

Crypto Now Part of IMF’s Global Standards

In the newly released seventh edition of the Balance of Payments Manual (BPM7), the IMF has included cryptocurrencies like Bitcoin (BTC) in its economic framework. This is the first time the IMF has provided detailed guidance on how digital assets should be classified in global statistics.

The manual, published on March 20, categorizes Bitcoin and similar cryptocurrencies as non-productive assets. This classification highlights their role in the economy while distinguishing them from traditional financial instruments.

How the IMF Classifies Digital Assets

The IMF’s new framework divides digital assets into two main categories: fungible and non-fungible tokens. It then further classifies them based on whether they are tied to liabilities.

  • Bitcoin and other cryptocurrencies that do not carry liabilities are considered capital assets.
  • Stablecoins backed by liabilities are treated as financial instruments.

Crypto assets like Bitcoin, which serve as a medium of exchange but are not linked to liabilities, are recorded as non-produced, nonfinancial assets in the capital account.

How This Affects Cross-Border Crypto Transactions

The new classification changes how international crypto transactions are recorded. When Bitcoin and similar assets are transferred across borders, they will now be tracked as acquisitions or sales of non-produced assets in the capital account.

Meanwhile, cryptocurrencies linked to specific platforms, such as Ethereum (ETH) or Solana (SOL), may be classified as equity holdings if the investor is from a different country than where the asset originated.

For example, if an investor in the UK holds Solana tokens issued in the US, those holdings would be recorded in the financial account as equity crypto assets. The IMF notes that while these assets rely on cryptography, they function similarly to stocks in terms of ownership rights.

New Rules for Staking and Mining

The IMF also addresses the complexities of crypto staking and mining. It suggests that rewards from holding tokens could be treated similarly to equity dividends, depending on the size and purpose of the holdings.

Additionally, the IMF now recognizes activities like mining and staking, which help validate blockchain transactions, as services. These will be recorded as part of a country’s computer services exports and imports, allowing for better tracking of their economic impact.

The BPM7 manual was developed with input from over 160 countries and will guide how global economic data is reported. While different countries may apply the standards in their own ways, this update is a major step toward recognizing digital assets in the world economy.

Love it or hate it, digital assets are now part of the global financial playbook. And there’s no turning back.

Nidhi Kolhapur

Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.

Recent Posts

Why Crypto Market is Down Today? Trump’s Tariff Shock Sparks 4.5% Crash

After a strong start to the week, market sentiment took a sharp turn as traders…

July 8, 2025

US Crypto Report Set for July 22, Eyes Bitcoin Reserve Without Taxpayer Burden

The Trump administration is taking another big step toward making the U.S. a global leader…

July 8, 2025

Charles Hoskinson Proposes Cardano Treasury with $ADA and Top Native Tokens

The co-founder of Cardano, Charles Hoskinson, has come up with an ecosystem treasury plan. This…

July 8, 2025

U.S. Prepares for Crypto Week: Full Agenda and Top 3 Bills Revealed!

All eyes in crypto are on Washington. For the first time, US lawmakers are rolling…

July 8, 2025

Bitcoin Price Prediction: Bid-Ask Spread Tightens-Here What it Means for the BTC Price Rally

Bitcoin price has surged significantly throughout the past week and closed the weekly trade on…

July 8, 2025

SEI vs Ripple XRP: Which Altcoin Will Skyrocket in 2025?

The crypto market is slowly waking up, and while big price jumps haven’t hit most…

July 8, 2025