&gt; We&#x27;re not even in the same realm of consideration for &quot;regulation&quot; of an API. That is ridiculous.<p>Why not ? Plenty of financial APIs are regulated (and beyond horrible). The government has decided that anyone with a banking license and a certain amount of money stored at the central bank can use them. And God help you if you try to use the international APIs, they are so incredibly incredibly horrible.<p>Without this plenty of financial services wouldn&#x27;t exist, no way would smaller banks be able to operate. Despite how badly designed it all is, without a doubt it is a very good thing that these APIs exist and are regulated.<p>Maybe regulation of APIs is exactly what we need. Hell, maybe we can even learn from the mistakes in financial APIs first and then regulate these APIs.