BPM7 was formulated through years of consultation with central banks, financial regulators, and global institutions to refine how digital assets are incorporated into economic reporting
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IMF updates global standards to include crypto in balance of payments
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The IMF’s BPM7 framework was developed after extensive discussions with central banks, global institutions and financial authorities with the aim of establishing a standardized framework that aligns with existing economic reporting while accommodating the unique characteristics of cryptocurrencies.
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