TL;DR: Welcome to In Case You Missed It (ICYMI), a daily crypto news update. Ron Paul says cryptocurrency is a “great idea.” IMF Chair Christine Lagarde resigns, heading for the presidency of the European Central Bank in November. PayPal launches Xoom app to be competitive in the remittance market. Richmond Hill in Canada will allow citizens to pay taxes with bitcoin. CoinEx margin trading opens for Bitcoin Cash, and Congressman Kevin McCarthy likes bitcoin.