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Combating the Financing of Terrorism (CFT)

Compliance • Global

Regulations and procedures designed to prevent funds from being used to finance terrorist activities. CFT requirements are typically bundled with AML obligations (together referred to as AML/CFT) and require crypto service providers to screen transactions and customers against sanctions lists and report suspicious activities.

Related Terms

Anti-Money Laundering
AML
Know Your Customer
KYC
Suspicious Activity Report
SAR
Travel Rule