Phrases with «financial blockade»

The phrase "financial blockade" refers to a situation where a group or organization restricts or cuts off another entity's access to financial resources, such as money or loans. It is similar to a physical blockade but targets the flow of finances rather than goods or people. This can cause significant economic difficulties for the entity being blocked, as they may struggle to meet their financial obligations or operate effectively. Full definition

Sentences with «financial blockade»

  • The WikiLeaks Foundation first considered using bitcoin to facilitate donations in late 2010, a few days after the first financial blockade in November of that year. (cryptotimes.news)
  • Iran would not be the first country to develop its own virtual currency as a way of bypassing financial blockades. (fortune.com)
  • Fundamentally no one needs to ask permission to use Bitcoin or run a Bitcoin client making most financial blockades or sanctions at their core ineffectual. (bitcoinmagazine.com)
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