Also even if/when there isn't an actual regulation, it is to your benefit to act as if there is one and keep things "clean enough". If things never reach the p

Also even if/when there isn't an actual regulation, it is to your benefit to act as if there is one and keep things "clean enough". If things never reach the point of regulators getting interested you can choose how to follow the intent and ensure regulations you hate don't get in. (once regulations you need to spend money on lobbyists to capture and write the regulation, cheaper to not get that far in the first place) Of course the above is a game of prisoners dilemma. You are risking others defecting first. In the current situation there doesn't seem to be much cost if you are last to defect (since regulations will come in just a few rounds). In other situations there can be great gain in defecting first.