According to IMF Research, Bitcoin May Find a Place in the Mainstream

In a study published by the International Monetary Fund (IMF), the role of Bitcoin in international money transfers was examined.

The report, which examined how Bitcoin usage varies from country to country, revealed that Bitcoin is an important financial instrument, especially in economically isolated countries with capital restrictions.

The fact that Bitcoin is used extensively in foreign transactions in places where capital inflows are low shows that people use it to get out of oppressive conditions and access global markets.

Bitcoin's adoption rate in the US is much lower than in many developing countries. While traditional investment instruments are still dominant in the US market, Bitcoin is much more widely adopted in countries such as Venezuela and Ukraine.

“The approval of spot Bitcoin ETFs in the US could mean that Bitcoin will increasingly be used by mainstream financial operators, even if only indirectly,” IMF researchers wrote. said.

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