Chainalysis Brings Privacy-Safe Compliance Solution to Cryptocurrency Exchange Bitfinex

NEW YORK, Dec. 12, 2019 /PRNewswire/ — Chainalysis, the blockchain analysis company, completed a global roll-out of its anti-money laundering compliance solution with Bitfinex, the full-featured trading platform for major digital assets and cryptocurrencies, to detect and prevent money laundering and illicit activity across multiple cryptocurrencies. This comes at a time when establishing proper compliance procedures is more critical than ever, as jurisdictions around the world scrutinize the cryptocurrency industry.

“Bitfinex is known as a destination for cryptocurrency traders seeking liquidity across various cryptocurrencies, and that volume requires an automated blockchain analysis solution in order to comply with regulations across the world,” said Jason Bonds, Chief Revenue Officer, Chainalysis. “We are thrilled to work with Bitfinex as we mutually invest in supporting multiple cryptocurrencies.”

Earlier this year, Chainalysis expanded its coverage beyond…