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IMF report: BTC has become a necessary financial tool to preserve wealth in times of financial instability

A new report from the International Monetary Fund (IMF) shows that BTC is becoming an increasingly important channel for cross-border capital flows amid global financial instability. According to the IMF, residents of countries with strict financial regulations are turning to Bitcoin to transfer capital more freely across borders. The report highlights the large trading volumes from countries such as Argentina and Venezuela, whose citizens face rampant inflation and strict financial controls. In these regions, Bitcoin has become a necessary financial tool for preserving wealth and accessing global markets, rather than just a speculative investment. The report's authors state that Bitcoin transactions provide individuals in high inflation countries with a stable savings option and a way to participate in global commerce that their local currency cannot achieve.

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