I have used both air and nitrox (to EAN 40), interchangeably, in my regulators for years, without issue. When it comes to the real risk of combustion, there is really no free lunch.
Viton o-rings, used with 02-cleaned equipment, along with synthetic lubricants, such as Cristolube, are somewhat less likely to ignite; but, should they burn, those fumes are as toxic as hell; while conventional nitrile, along with silicone grease is considered a bit more flammable, those fumes are far less of an issue; and further, nitrile creates a more reliable seal, with greater mechanical properties than viton, with a far less chance of failure . . .
Viton o-rings, used with 02-cleaned equipment, along with synthetic lubricants, such as Cristolube, are somewhat less likely to ignite; but, should they burn, those fumes are as toxic as hell; while conventional nitrile, along with silicone grease is considered a bit more flammable, those fumes are far less of an issue; and further, nitrile creates a more reliable seal, with greater mechanical properties than viton, with a far less chance of failure . . .