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The cryptonews hub > Blog > Market > Did the IMF Just Formally Recognize Bitcoin? Here Are the Top Cryptos to Buy in August
Market

Did the IMF Just Formally Recognize Bitcoin? Here Are the Top Cryptos to Buy in August

Crypto Team
Last updated: August 1, 2025 9:09 pm
Crypto Team
Published: August 1, 2025
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wp header logo 162 Did the IMF Just Formally Recognize Bitcoin? Here Are the Top Cryptos to Buy in August

Sometimes it takes only a few words to mark a major policy shift.

For all the attention given to recent US crypto legislation, including the GENIUS Act and CLARITY Act, the International Monetary Fund and United Nations Statistical Commission may have done just as much for crypto adoption in a couple brief sentences.

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It may not seem like much, but recognition on this level from the UN should do wonders for crypto adoption long-term.

But the devil’s in the details, and it remained to be seen how the SNA would class Bitcoin and crypto assets.

Guidance is provided on the treatment of crypto assets and non-fungible tokens. In particular, crypto assets without a corresponding liability designed to act as a general medium of exchange, such as bitcoin, are treated as non-produced non-financial assets, classified as a separate category. Crypto assets with a corresponding liability are treated as financial instruments.

The wording ‘non‑produced non-financial assets’ is significant. It allows crypto to be recorded on national balance sheets as components of sovereign wealth and institutional holdings, while still being excluded from GDP calculations.

The clarification marks a clear softening of the global regulatory stance toward digital assets. Historically cautious, regulators are now acknowledging the increasing macroeconomic and fiscal relevance of crypto in national economies and public ledgers.

The new classifications enhance governments’ ability to track and report on institutional and sovereign crypto holdings. Countries like El Salvador, which maintain public Bitcoin reserves, can now incorporate these figures into official reporting; so will the US, as it builds out its own crypto reserves.

This shift lends support to efforts in financial oversight and tax compliance, as well as simply clarifying how to manage crypto assets in international accounts.

The move also touches on a separate but related trend – the revision to the SNA is part of a broader initiative to modernize economic data structures. The updated framework includes guidance on measuring digital platforms, cloud computing, and AI technologies to ensure that official statistics better reflect evolving economic realities.

In the short-term, those few simple sentences should generate a number of positives for crypto:

With the SNA now clarified, these cryptos could tap into the energy of a rejuvenated global market.

Nothing will ever beat Bitcoin; it’s the original, the best store of value, the largest market cap. But not even Bitcoin is perfect. It can’t take advantage of the full range of blockchain technology – there’s no DeFi, no native on-chain staking, and transaction speeds are far lower than more modern chains.

Through the SVM, Bitcoin Hyper delivers lightning-fast transaction speeds; even swapping tokens between Bitcoin and the $HYPER Layer 2 boasts near-instantaneous finality.

Staking doesn’t have to wait till the full Layer 2 launch, however. Purchase your $HYPER tokens for the current price of $0.012475 and earn 165% APY. The presale has already raised over $6.3M.

TRON ($TRX) is a decentralized proof‑of‑stake platform supporting smart contracts and DApps. Managed by the TRON Foundation (now a DAO), the network enables developers decentralized applications with an emphasis on high transaction throughput and low cost.

TRON uses a Delegated Proof‑of‑Stake (DPoS) consensus model. $TRX is TRON’s native token, and ranks among the top 10 largest cryptocurrencies by market capitalization.

Notably, Tron also supports over $80B $USDT on the Tron network; that’s more $USDT on Tron than on Ethereum, its native blockchain. It highlights Tron’s use case as a cross-border payments network.

With stablecoin adoption growing – even Visa’s getting into the game – the future looks bright for a blockchain with native stablecoin support.

Maxi turns the marketing up to the highest setting with an aggressive, catchy vibe. This Doge eats, lifts, and trades memes – sleep optional.

The presale has been a high‑voltage success, raising over $178K within the first three days. Tokens are currently priced at $0.00025, making this the best time to get in on the ground floor of the project.

MAXI supports staking with daily smart‑contract rewards and a staking APY of 1,352%.

There’s also a strong community vibe to the project, with more $MAXI tokens for traders who spot the best ROI opportunities for Maxi Doge plays.

The IMF and UN’s formal recognition of Bitcoin and crypto assets as components of national wealth signals a clear shift in global financial policy. In under two decades, Bitcoin has changed the financial world – the best crypto to buy showcases even more untapped potential.

As always, do your own research. This isn’t financial advice.

source

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