The problem with regulation is that it won't (can't) solve the problem. You'd have to go totally draconian to stop law breaking people within the US from doing matrix multiplies, and then you'd have to disconnect the US internet from all the countries who won't give a crap about US regulation.
So yeah, US regulation is ONLY about capturing US consumers. This isn't food or airplanes.
So yeah, US regulation is ONLY about capturing US consumers. This isn't food or airplanes.