The bitcoin exchange Bitfinex has integrated a solution from the analytical firm Chainalysis to track suspicious transactions in real-time.

According to a press release, Chainalysis KYT allows monitor large volumes of cryptocurrency transactions and identify transactions that are potentially associated with money laundering and other illegal activities.

“Chainalysis’s solution is in line with our commitment to preventing dishonest players from entering the platform while protecting user privacy,” said Bitfinex Chief Compliance Officer Peter Warrack.

Chainalysis monitors Bitcoin transactions and 41 other cryptocurrencies, including Ethereum, Bitcoin Cash, Litecoin and leading stablecoins.

In June, Financial Action Task Force on Money Laundering (FATF) tightened requirements for the cryptocurrency industry. The organization demanded that bitcoin exchanges and other cryptocurrency service providers comply with anti-money laundering standards similar to traditional financial companies. The FATF has given regulators and the industry a year to implement the rules.

Bitfinex has joined the Binance and Bittrex exchanges, which previously integrated the same software from Chainalysis.

Previously, the analytical company reduced almost 20% of its staff to take the “path to profitability”.