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Former Brazilian Royal Family Member Speaks Out Against Crypto Regulation

May Arjomand

Summary: On July 15, Cointelegraph reported that Luiz Philippe de Orleans-Braganza, who is a descendent of the former royal family of Brazil, has spoken out against cryptocurrency regulation.  Orleans-Braganza stated during a special commission meeting: "Good regulation is one that comes from the consumer's demand for something for which he felt injured and calls for state ...

On July 15, Cointelegraph reported that Luiz Philippe de Orleans-Braganza, who is a descendent of the former royal family of Brazil, has spoken out against cryptocurrency regulation. 

Orleans-Braganza stated during a special commission meeting:

"Good regulation is one that comes from the consumer's demand for something for which he felt injured and calls for state protection. I question this adventure of wanting to regulate something which consumers and companies organized to receive Bitcoin do not demand.”

Author: May Arjomand

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