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Tether CEO, Paolo Ardoino, is in talks with one of the largest auditing firms (PwC, Ernst & Young, Deloitte, or KPMG) to conduct a reserve audit dating back to 2017. https://www.reuters.com/technology/tether-is-talks-with-big-four-firm-about-reserve-audit-ceo-says-2025-03-21/
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The IMF has updated its Balance of Payments Manual (BPM7) to include digital assets, classifying cryptocurrencies like Bitcoin as non-produced nonfinancial assets, while tokens with corresponding liabilities, such as stablecoins, are considered financial instruments. The new framework categorizes Bitcoin and similar assets as capital assets in the capital account, while tokens like Ethereum and Solana are treated as equity-like holdings in the financial account. https://www.imf.org/en/News/Articles/2025/03/20/pr25072-imf-and-statistical-community-release-new-global-standards-for-macroeconomic-stats
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