# Counter-terrorism financing
Counter-terrorism financing (CFT or CTF) is a regulatory requirement that financial service providers and [money services business](money-services-business.md) may not trade or offer services with entities who are sanctioned or on terrorist watch lists.

## References
1. Orcutt, Mike. 2020. ‘This Is How North Korea Uses Cutting-Edge Crypto Money Laundering to Steal Millions’. MIT Technology Review. MIT Technology Review. http://www.technologyreview.com/2020/03/05/916688/north-korean-hackers-cryptocurrency-money-laundering/.
1. Fanusie, Yaya, and Tom Robinson. 2018. ‘Bitcoin Laundering: An Analysis of Illicit Flows into Digital Currency Services’. Center on Sanctions and Illicit Finance Memorandum, January.