Ex-CFTC Chief: Even Republicans Are Pushing for Crypto Regulation;
Steve Bannon Lauds Cryptocurrency As A Tool To Resist the ‘European Establishment’;
Bittrex Bars Users Residing in 5 Countries Under US Embargo;
Chinese Altcoins Can’t Stop Failing;
Taiwanese Airline to Accept Cryptocurrency Payments for Flight Tickets
📑 Daily Crypto Calendar, March 7th 💰

Welcome to the Daily Crypto News: A complete Press Review, Coin Calendar and Trading Analysis. Enjoy!

🗞 Ex-CFTC Chief: Even Republicans Are Pushing for Crypto Regulation

In fact, even members of the U.S. political party known for its broad opposition to regulation have been embracing the idea the market needs greater oversight, according to former Commodity Futures Trading Commission (CFTC) commissioner Bart Chilton.

🗞 Steve Bannon Lauds Cryptocurrency As A Tool To Resist the ‘European Establishment’

Steve Bannon, former Chief Strategist to US President Donald Trump, said that cryptocurrencies could be an asset to the European anti-establishment movement at an event sponsored by the Swiss newspaper Die Weltwoche on March 6.

At his lecture in Zurich, Bannon stated that cryptocurrencies and the Blockchain will “empower [the populist] movement, empower companies, [and] empower governments to get away from the central banks that debase your currency and makes slave wages.”

🗞 Bittrex Bars Users Residing in 5 Countries Under US Embargo

The Bittrex exchange is heading in a rather interesting direction. While the company is looking to make a positive impact, its updated terms of service will undoubtedly raise a lot of questions. More specifically, prohibiting customers in sanction-ridden countries from using this platform sets a dangerous precedent.

🗞 Chinese Altcoins Can’t Stop Failing

Every country produces its share of underperforming altcoins. They’re called shitcoins for a reason. But China has a track record for creating altcoins that are shittier than most. The country has spawned a slew of talented developers, and has made a huge contribution to cryptocurrency adoption and innovation as a whole. But when it comes to altcoins, China’s wither and die at a phenomenal rate. The question is, why?

🗞 Taiwanese Airline to Accept Cryptocurrency Payments for Flight Tickets

Asia is probably the most cryptocurrency receptive part of the world where, in addition to a strong bitcoin trading mania, you can already find many regular companies accepting crypto payments to attract new clients. Asian consumers now have yet another way to spend their bitcoin: buying flight tickets for travel around the region.