Looks like Japan was way ahead of everyone here.
When many governments were thinking of banning or restricting cryptos, Japan realized it was smarter to accept it, then wait for the critical mass to develop to some point of no return & then enforce their dreaded Taxmen.
Governments like these are more formidable opponents to anarcho-capitalists & crypto-anarchists.
Sadly I have to agree with you. An astute observation, indeed.