I was trying to keep my comment short. Such a regulatory regime would be expected to close such obvious loopholes.
In much the same way that a doctor in $FOREIGN_COUNTRY cannot practice telemedicine in the USA, I would expect the regulations to make a distinction between software (and services provided by software) developed by foreign and licensed programmers.
>much the same way that a doctor in $FOREIGN_COUNTRY cannot practice telemedicine in the USA...
U.S. retired doctor here. This is a fascinating possibility that never occurred to me until I read your comment. Could a foreign doctor not set up a system whereby she/he could appear to be in the U.S. while being in a country that's essentially unreachable by U.S. authorities? And take payment in cryptocurrency?