Eh... That is not clear at all. Given typical coil gun efficiencies (single digit percentages), there is absolutely no way that this thing is even remotely comparable to a typical 9mm handgun (in projectile velocity and just general lethality).
Just ask yourself-- how many people are killed by coil guns each year? Stopping their proliferation strikes me as utterly useless regulatory overreach that benefits exactly no one, and deprives many a nerd of a cool hobby project.