spoken like someone who's never started a company.

> "What were the lawyers doing all that time before then?"

what lawyers? do you realize that compliance, proving compliance, and implementing mandated features are completely separate tasks with cumulative costs? even if you aren't doing anything with the data?

> Any business trading internationally has to have a care over the regulatory environment of the target country. Why is internet trading any different?

bad, stifling, preemptive regulation is bad regulation in any industry. why is internet trading any different?