In the U.S., the SEC’s stringent securities laws can delay token launches, while the EU’s MiCA framework offers clarity, fostering innovation but demanding compliance. China’s outright ban stifles projects, pushing developers to jurisdictions like Singapore, where a balanced approach attracts blockchain ventures. These disparities create challenges: projects face fragmented markets, increased legal costs, and jurisdictional arbitrage risks. Conversely, lenient regulations in crypto-friendly nations can accelerate development, drawing talent and capital. However, without global harmony, cross-border scalability remains limited, and regulatory uncertainty hampers investor confidence. Projects must adapt to diverse rules, balancing compliance with innovation, while navigating potential enforcement actions or bans that could derail progress. Ultimately, these differences shape where and how crypto projects thrive or falter.