Pretty admirable that Bitfinex gave an advance warning.

Bittrex didn't do that.. they just cut you off instantly subsequent to their verification procedure.

My question is at what point did the internet becomea geographical jurisdiction and state/federal regulated? Did we miss something or is this the new way of life?

It appears now before you login, search, browse the internet, and buy and sell, you now need to check with your state Senator first to ensure you are not violating any statutes or laws.

The internet is easy to reach. To be legal is quite difficult it seems.