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 the source, Episode 8 of Privacy in Motion with Midnight Network and Brave features Muneeb Ali discussing how Bitcoin L2s could help unlock both privacy and scalability in crypto, highlighting BTC Layer-2 as a key theme; source: user-provided X post dated Oct 3, 2025. For traders, this points to attention on BTC Layer-2 and privacy tooling, but the content provides no on-chain metrics, protocol release timelines, or price data to act upon; source: user-provided X post dated Oct 3, 2025. Treat this as narrative context and wait for verifiable updates from the featured projects before positioning or rotating into related assets; source: user-provided X post dated Oct 3, 2025.

According to the source, Episode 8 of PrivacyInMotion features Midnight Network and Brave with Muneeb discussing how Bitcoin L2s aim to return user control, privacy, and power amid a data economy lacking accountability, highlighting a continued focus on Bitcoin Layer 2 privacy and user-sovereignty themes relevant to BTC market narratives. source: official X announcement dated Sep 29, 2025.