Shanghai Man: Crypto recovers, disasters strike, and China’s crackdown moves to other sectors [cointelegraph]
cointelegraph.com
Okcoin secures regulatory approval in Malta and the Netherlands [cointelegraph]
CEO Hong Fang said Okcoin was focused on Europe as part of the firm’s global growth plans.
Taxpayers to avoid obligations by sending mining proceeds to IRAs [cointelegraph]
The IRS has considered crypto mining revenue as part of taxable income since 2014.
Mining firm wants to help taxpayers avoid obligations by sending proceeds to IRAs [cointelegraph]
The IRS has considered crypto mining revenue as part of taxable income since 2014.
IMF intends to ‘ramp up’ digital currency monitoring [cointelegraph]
The fund will greatly expand to cover all aspects of digital currency while also working with related financial institutions.
Algorithmic stablecoins show promise of reducing volatility — ShapeShift [cointelegraph]
“Stablecoin experimentation is happening in real-time with billions of dollars at stake in this vast permissionless lab we call DeFi,” reads a new research report from ShapeShift. The author focuses on the rise of algorithmic stablecoins and their potential use cases.
Greenidge Generation will use BTC mining profits to build solar farm [cointelegraph]
According to the mining firm, it aims to create high-tech jobs for residents and support local businesses with the solar farm.
Western nations need better public-private cooperation on crypto, says Mohamed El-Erian [cointelegraph]
The famous economist has warned that western nations risk losing out to China in the emerging digital economy if they continue to be dismissive of crypto.
COIN price fails to impress as more crypto firms are eager to go public [cointelegraph]
One of the best options for larger crypto companies to maximize their liquidity reserves seems to be by going public.
Crypto population doubled to over 200M users since January, report says [cointelegraph]
It only took four months for the crypto population to almost double from 106 million in February to 203 million in May, according to a new Crypto.com report.