These regulations aren't about consumer protections (if they were, companies would be audited and scored on how well they comply, ala health food scores in restaurants). If regulators solely marked businesses with the metaphorical seal of approval, a democratic, economic process would happen in the market place.<p>This is entirely about the state inserting themselves between people, their money, and where they want to spend it. You'd be ignorant to believe that the Feds wouldn't apply the same, transaction-ending, censorship level of force to Bitcoin transactions services ("Oh your users are sending money to Wikileaks? We deem that a risky transaction and now require you to hold 10X funds in dollars and to buy additional bonds. Oh What a coincidence that's outside of your financial situation that we have complete privilage to inspect.")