$BTC

The International Monetary Fund (IMF) made waves in the cryptocurrency world last week (3/20) with a document announcing that Bitcoin has been officially included in the "Balance of Payments and International Investment Position Manual" (BPM7). This means that Bitcoin has become an "in-house member" of the global economic statistical system, marking the second significant event in the cryptocurrency space since former U.S. President Trump announced the inclusion of Bitcoin in strategic reserves. Over the past five days, Bitcoin has gradually rebounded from a low, driving Cathay Digital Payment Services (00909-TW) to rise over 5% in the past week (as of 3/24), ranking first among global stocks, and today (25) it continues to surge by about 3%.

The International Monetary Fund (IMF) is a specialized agency under the United Nations Economic and Social Council, along with the World Bank, being one of the two major financial institutions in the world, comprising 191 member countries. It aims to promote global monetary cooperation, ensure financial stability, and facilitate international trade. Its responsibilities include monitoring exchange rates and trade situations among countries, providing technical and financial assistance, and ensuring the smooth operation of the global financial system. However, Taiwan still cannot become a member of the IMF, while Bitcoin has crossed the threshold into the IMF with its unique status.