IMF revises balance of payments guide to support digital assets, classifies bitcoin as a capital asset to standardize reporting of crypto activities, allowing more accurate tracking of cross-border digital currencies The International Monetary Fund (IMF) has updated its Balance of Payments Manual, which was released on March 20, to accommodate the growing role of digital […]
Wages Paid in Bitcoin? Bill Introduced in Brazil Might Make It Possible. The bill seeks to allow wages and other labor-linked payments to be partially settled using virtual assets in Brazil and also calls for educating workers about volatility and transaction security issues. Lawmakers to Review Bitcoin Wages Bill in Brazil Wages Paid in Bitcoin […]
President Donald Trump recently issued an executive order establishing a U.S. Strategic Bitcoin Reserve. The move signals a shift in national policy toward recognizing bitcoin as a strategic asset. Additionally, the White House hosted its first-ever crypto summit, where industry leaders and policymakers discussed the future of digital assets in the U.S. economy. The meeting […]
