Steem was there before the regulations came, but I could bet, in near future Steem will be confronted with the same.
Let's pray to God this doesn't happen. Do you think anything can be done to prevent it? Does anyone know where the Steem blockchain "resides" (i.e., in which "jurisdiction")? I know that Steemit.com is based in the US and the platform itself technically needs to abide by the respective laws...