Tbh, I've always thought about it like this, making deepfake tech illegal would be like making photoshopping faces on porn images illegal. At the end of the day the technology itself shouldn't be regulated, the end products themselves should be though. If you Photoshop some kids face onto some nude body, you should be arrested for possession regardless if it was "real" or not. The same should go for deepfake porn exploiting children.

However I see very little wrong with some guy photoshopping adult celeb or "friends" faces onto nude model bodies, same for those who do it with deepfake tech, just don't distribute it.