Railgun contributor: US senators and FBI do not oppose privacy in cryptocurrencies.

According to Railgun researcher and advocate Alan Scott Jr., United States senators and intelligence agencies may not be as opposed to privacy-focused crypto protocols as commonly believed. Speaking at the ETH Global conference in Sydney, Scott stated that based on his conversations with senators and the FBI in Washington D.C., he hasn’t observed any indications of a crypto privacy crusade on Capitol Hill. He emphasized that there are individuals in the government who are intelligent and genuinely interested in protecting people. Railgun is a privacy-focused protocol that utilizes smart contracts to ensure private transactions for DeFi users on the Ethereum network and other layer-2 networks. However, Railgun is often associated with other crypto privacy protocols that have faced legal issues, such as Tornado Cash. Scott highlighted that the FBI is primarily concerned with bad actors involved in financial crimes, rather than privacy protocols. He expressed that his discussions with politicians and regulators in the U.S. have been positive, with many of them making an effort to understand the developments in crypto. Scott also mentioned recent actions against mixers like Samourai Wallet and the persecution of Tornado Cash developer Roman Storm, but noted that there doesn’t seem to be a widespread campaign against privacy in crypto. He emphasized the importance of privacy in the disintermediation of finance and DeFi, stating that it is already a part of traditional finance. He concluded by saying that it would be unfortunate if privacy in crypto were to become illegal.