The IMF has released a new Balance of Payments Manual (BPM7) updating global financial standards to formally recognize Bitcoin and other crypto currencies as non-produced, non-financial assets.

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Bitcoin and similar tokens without liabilities are categorized as capital assets, while stablecoins, which are backed by liabilities, are treated as financial instruments

The International Monetary Fund (IMF) has overhauled its balance of payments standards to reflect the growing impact of digital assets. According to the newly released Balance of Payments Manual, Seventh Edition (BPM7), cryptocurrencies like Bitcoin (BTC) are now classified as non-produced non-financial assets in global economic statistics per the IMF's new standards."