Is it more common for large emerging countries to favor blanket crypto bans than others? China set the precedent and it seems that India may be following suit. A bill with a crypto ban would contain a proposed ban on all “private cryptocurrencies” will go in front of the nation’s parliament sometime this winter. The measure is designed to clear the way for India’s central bank to advance its digital currency agenda. Whether a sovereign central bank digital currency can coexist with a thriving market of “private” cryptos will be one of the central questions of the looming CBDC age, and it is clear that governments will be tempted to use their coercive authority to tilt the playing field in favor of the centralized money that they control.

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Lok Sabha will consider policies

Powell is staying, Omarova in the air

NFT Politics in South Korea