Tuesday, August 27, 2021

The Central Bank of Brazil to Adopt IMF Standards for Crypto Classification, Declaring Crypto as Product

The announcement was made in the press release by the Central Bank of Brazil stating that traded cryptocurrencies will be classified as non-financial products and will be accounted for like goods. The guidelines of the International Monetary Fund (IMF) also declares crypto assets as non-financial assets. A document by the Statistics Department of International Monetary […]

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The Central Bank of Brazil to Adopt IMF Standards for Crypto Classification, Declaring Crypto as Product

https://www.crypto-economy.net/en/the-central-bank-of-brazil-to-adopt-imf-standards-for-crypto-classification-declaring-crypto-as-product/