Ethereum Foundation’s ideological commitment to cryptographic privacy may clash with US and European regulatory trends favoring transparency and KYC, since transparency-first designs can entrench surveillance by default

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However, it may also put EF at odds with regulatory trends in the US and Europe, where policymakers have increasingly prioritized transparency and compliance over cryptographic privacy.

Growth, however, is often path-dependent: standards adopted in periods of chaotic rapid growth harden into legacy constraints, and designs that privilege transparency can lock in surveillance by default.