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,...