I want to know if it is possible to put a block on a
Bitcoin account. Can someone place restrictions or freeze a Bitcoin account like traditional bank accounts?
6 answers
Carolina
Wed Dec 18 2024
In the cryptocurrency markets, when a borrower takes on debt, a specific portion of their assets should be subject to a blocking operation.
CryptoTitaness
Wed Dec 18 2024
This blocking operation is proportional to the amount of debt they have incurred.
Martina
Tue Dec 17 2024
The purpose of this blocking operation is to ensure that the borrower has sufficient collateral to cover their obligations.
Andrea
Tue Dec 17 2024
If the borrower's debt exceeds the amount that can be blocked, additional measures may be necessary to protect the lender's interests.
CryptoVanguard
Tue Dec 17 2024
One such measure could be the application of a lien, which would give the lender the right to seize the borrower's assets in the event of default.