the government is mainly focused on getting compliance from banks and mega corporations
Well, this is a lie.
All of the big banks and mega corporations have been fined over and over for ILLEGAL activities. So much so, that the only conclusion is that the big banks are just "sharing the wealth" with the enforcers.
What govern-cement is up to is being able to crack down on any medium sized guy that they can extort for money.
Steemit has very little user data. And all of it is on the blockchain. You can view it all with steemd.com
However, you can't change any of it, all you can do is add new information on top of it.
It is not a lie, since I have spoken directly with some of the people who have been doing the work for the large corporations and banks. Whether or not they enforce the rules with fines is a different issue, but the companies definitely have been doing a lot of work to become compliant.