The Central Bank of Brazil announced its decision to classify bought or sold cryptocurrencies as assets, in accordance with previous guidelines set by the International Monetary Fund (IMF). According to the guidelines, traded cryptocurrencies are classified as non-financial products, and are therefore accounted as goods on balance sheets.   Central banks use balance sheets to summarize […]

The post Central Bank Of Brazil Will Classify Cryptos As Assets appeared first on CryptoCoin.News.