Global economic standards have been updated to formally recognize Bitcoin and other crypto assets in national wealth statistics. New international standards classify crypto as a critical component of national financial systems, without impacting GDP. The revision comes as part of a broader effort to modernize how countries track production, income, and wealth in a rapidly digitizing world.

Global economic standards have been updated to formally recognize Bitcoin and other crypto assets in national wealth statistics. New international standards classify crypto as a critical component of national financial systems, without impacting GDP. The revision comes as part of a broader effort to modernize how countries track production, income, and wealth in a rapidly digitizing world.

Source: https://cryptoslate.com/imf-global-regulators-soften-stance-on-bitcoin-and-crypto-in-wealth-assessment-standards/