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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The IMF coordinated with financial authorities worldwide to ensure the BPM7 framework maintains compatibility with existing reporting structures
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