Take away from HK, Tokyo, Consensus is US is occupied with regulatory overhang and IRL problems while Asia is looking for different paths forward. 

MiCA seems to be taking middle path and moving with caution.

Should be an interesting 2024, if there will be a "flippening" between developed and developing countries...

For example, Hong Kong had Octopus and Japan had FeliCa chips for mobile payments, but each system was closed and serving only local markets

QR codes are a software solution that anyone can adopt (compared to IC chips), but currently still using existing banking infrastructure.

the "flippening" thesis is that developing countries with less incumbents are quicker to adopt new technology, e.g., mobile wallets in Asia.

What's different in crypto is that now the world gets to participate, potentially creating a more inclusive technology that others can adopt

With input from a more global user base, it might be possible for jurisdictions to adopt open standards that users can opt-in vs. required-to-use.

Not saying it's happening soon, but would be a very cool thing if it happens