Steve Bannon, former chief strategist of US President Donald Trump, said that crypto-currency currencies could be an asset to the European anti-establishment movement. At his conference in Zurich, Bannon declared that crypto-currencies and the Blockchain will " empower [the populist] movement, empower businesses, [and] empower governments to move away from central banks that degrade your currency and make slave wages. "

With Cryptocurrency" We take control of central banks. This will restore us to power . Bannon sees widespread use and integration of crypto-currencies and Blockchain as a means of emancipation of the establishment forces that created " a new serfdom." "

" Once you take control of your currency, once you take control of your data, once you take control of your citizenship, that means you are in control. is where you are going to have true freedom "

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Bannon accused governments, central banks and technology companies of removing the rights and identities of ordinary people and using them for their own purposes.

Bannon travels to Europe for a lecture tour right victories during the recent Italian elections. In the lecture, Bannon speaks at length about how crypto-currencies and the Blockchain can be instruments of the right-wing nationalism movement.

Before working at Trump's administration, Bannon was a founding board member of Breitbart News, who became known as a voice of the alter-right movement in the United States with a frank mark of rhetoric far-right anti-establishment and reporting. Bannon was an adviser to President Trump as well as a member of the National Security Council before being fired from the White House in August 2017.

As previously reported by Cointelegraph, the Township of Zug in Switzerland is establishing a hub for Crypto and Blockchain which is known as "Crypto Valley". The Swiss Financial Market Supervisory Authority (FINMA) has implemented pioneering cryptocurrency policies, making Switzerland a competitive environment for the development of distributed crypto, blockchain and ledger technologies.