[SteveGregory]

At this point, it’s the same as RF spectrum. Yet clearly there is no regulatory body to manage it.

[CKN23-ARIN]

There are five regulatory bodies managing it. Six, if you count IANA.

https://www.icann.org/resources/pages/allocation-ipv4-rirs-2...

https://afrinic.net/policy/manual

https://www.arin.net/participate/policy/nrpm/

https://www.apnic.net/community/policy/

https://www.lacnic.net/1033/2/lacnic/policies

https://www.ripe.net/publications/docs/ripe-policies

[Scoundreller]

It’s okay. When it comes to RF, most regulatory bodies are content to let buyers camp on their allocations just to keep out any competition.

While the auction receipts go into the public coffers, it’s not like we get annual cheques.