I use ST for the set theory used by Dana Scott in More on the Axiom of Extensionality, in Y. Bar Hillel et alia, Essays on the Foundations of Mathematics}, Hebrew University, Jerusalem: $115-131$. 1961.
Let the language be the language of set theory with identity, and let set(x) abbreviate $\exists y(x\in y)$. All sets are classes, but not vice versa.
Let $a\overset{e}{=}b$ signify that $a$ and $b$ are coextensional.
Let a first order condition A(x,y) be extent functional just if $\forall x, y, z(A(x,y)\wedge A(x,z)\to y\overset{e}{=}z)$.
Suppose $\mathbb{I}$ is the least fixed point class so that $$\forall x(x\in\mathbb{I}\leftrightarrow Set(x)\wedge x\subset\mathbb{I})$$
for the following version of $ST$:
Strong infinity which says that the following class, with binders restricted to sets when need be, is as well a set: $$\{x|\forall v([\forall w(\forall x(x\notin w)\to w\in v)\wedge \forall w\forall x(w\in v\wedge\forall y(y\in x\leftrightarrow\forall z(z\in y\to z\in w))\to x\in v)]\to x\in v)\}$$
Finite union which says that $\{x|x\in a\vee x\in b\}$ is a set if $a$ and $b$ are sets.
Infinite union which says that $\{x|\exists y(x\in y\wedge y\in a\}$ is a set if $a$ is a set.
Power restricted to sets:, which says that $\{x|Set(x)\wedge x\subset a\}$ is a set if $a$ is a set.
Extent-replacement says that $\{y|\exists x(x\in a\wedge A(x,y)\}$ is a set if $a$ is a set, and $A(x,y)$ is an extent-functional first order condition on $x$ and $y$.
Specification follows from Extent-replacement
The principle of extensionality is not an axiom.
(Scott, 1961) showed that his version of ST with an unresricted power set, interprets $ZF$ minus regularity. Given the relative consistency result for the axiom of foundation by (von Neumann, 1929), Scott showed that his version of $ST$ interprets $ZF$, and so $ZFC$ via (Gödel, 1938 & 1940).
Am I right in thinking that by the results of (Gödel, 1940) and (Cohen, 1963), and others, the minimality of $\mathbb{I}$ entails that regularity and $AC$ and $CH$ hold in the Scott-induced interpretation of $ZF$ via $\mathbb{I}$?