Creating or distributing content that explains how to install, configure, or use such emulators would likely violate:
: Many professionals use emulators to protect their expensive physical dongles from theft or physical damage. If a dongle breaks, the software becomes unusable; an emulator serves as a digital backup.
Physical dongles cannot be "passed through" easily to virtual machines or cloud desktops (Azure Virtual Desktop, VMware Horizon). Multikey emulation allows a server room to host a legacy license key without a physical USB hub dangling from a hypervisor host.