According to the source, Arthur Hayes will appear on PrivacyInMotion with Midnight Network and Brave to discuss the trade-off between user privacy and systemic legitimacy and whether Bitcoin is truly private money, as posted on November 10, 2025. Source: the source post dated November 10, 2025. For traders, this theme ties directly to compliance obligations such as the FATF Travel Rule requiring virtual asset service providers to transmit sender and recipient information, which shapes exchange policies and liquidity conditions for privacy features and assets. Source: Financial Action Task Force, Recommendation 16 and related guidance. Bitcoin’s ledger is public and transactions can be linked on-chain, meaning BTC is pseudonymous rather than fully private, a fact that influences how privacy tooling and KYC frameworks interact with trading venues. Source: Bitcoin Whitepaper 2008, Section Privacy. Enforcement against privacy mixers has affected user access routes, exemplified by OFAC’s sanctions on Tornado Cash in 2022, a development traders monitor when assessing counterparty risk and potential flow disruptions. Source: U.S. Department of the Treasury, OFAC press release August 8, 2022. U.S. guidance classifies many custodial crypto services as money transmitters subject to KYC/AML, affecting onboarding and withdrawals that can alter spreads during policy headlines. Source: FinCEN Interpretive Guidance, May 9, 2019.

According to @stephanlivera, expanding PayJoin support in bitcoin wallets can disrupt the Common Input Ownership Heuristic (CIOH), a method commonly used in blockchain surveillance, thereby enhancing transaction privacy for traders (source: @stephanlivera via Twitter, May 20, 2025). The post also notes that PayJoin may deliver efficiency gains for bitcoin transactions, which could reduce transaction costs and improve wallet performance. Sponsored by @CryptoHayes, this development is significant for traders seeking privacy-focused tools and could boost demand for wallets with advanced privacy features, potentially impacting bitcoin price action as privacy becomes a trending narrative (source: @stephanlivera via Twitter).

According to @BitMEXResearch, the @CryptoHayes family office, @MaelstromFund, has awarded an open source developer grant to Ben Allen for work on Payjoin (@payjoindevkit), a privacy-focused Bitcoin transaction protocol. This initiative aims to enhance transactional privacy on the Bitcoin network, which could drive increased adoption and trading volumes for privacy-oriented tokens and Bitcoin itself. As reported by Cointelegraph, improvements in privacy infrastructure may influence trading strategies, particularly for traders seeking anonymity and improved fungibility in Bitcoin transactions. The development may also lead to higher volatility in privacy coin markets as competitive technologies emerge. Source: BitMEX Research via Twitter, Cointelegraph.

According to André Dragosch (@Andre_Dragosch), the Spanish tax authorities are notified when individuals withdraw €3000 or more from their bank accounts, increasing regulatory oversight on large cash movements (source: Twitter, May 9, 2025). This regulatory measure may drive traders and investors to consider decentralized alternatives like Bitcoin for increased privacy and control over funds. Crypto traders should monitor these banking regulations closely, as heightened banking scrutiny could accelerate Bitcoin adoption and impact market liquidity in Spain.