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The IMF has included Bitcoin in the global economic statistics system. What does this mean for the future financial landscape?
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The official entry of Bitcoin into the accounts means that the traditional financial system is being infiltrated by decentralized assets. Central banks and institutions around the world will have to face the reality of Bitcoin as a value storage tool and further promote its legalization process.
As the IMF requires countries to establish a crypto asset reporting system, decentralized transactions and privacy coins may face high regulatory pressure, and the industry's anonymity and freedom will face challenges.
Countries like El Salvador are already using Bitcoin as a strategic national asset, and other countries may follow suit by including it in their foreign exchange reserves to counter the influence of the US dollar's hegemony.
After Bitcoin transactions are included in international capital flow statistics, the flow path of funds on the chain will become transparent, global tax havens and arbitrage operations will be restricted, and capital supervision will be strengthened.
Due to the sharp fluctuations in Bitcoin prices, economic data of various countries may be affected by short-term market sentiment, and it remains questionable whether the IMF's statistical method can accurately reflect the real economic situation.
