"💸Frozen Assets, Financial Warfare: The EU's Bold Plan to Turn Russia's Wealth Against Itself"

in #ecency14 days ago

Hey friends,

Politics and crypto just got a whole lot more tangled. As I read this article, I couldn't help but think about the implications of using frozen Russian assets to support Ukraine. Washington's backing of the EU's plan is a bold move that could redefine modern warfare. We're talking bank accounts over bombs, folks!

Here are the key points that caught my eye:

  • $217 billion in frozen Russian assets could be used to support Ukraine, and Washington is backing the EU's plan.
  • Germany is warning Europe not to touch these assets, and Russia is threatening a "painful response."
  • Trump welcomed Hungarian PM Viktor Orban to the White House, where they discussed energy, trade, and sanctions.

This move signals a new frontier in economic warfare, where digital records and institutional custody are used to exert power. But, it also exposes the fragility of global finance, where trust in custodianship is assumed, not guaranteed.

Would you trust a financial system where assets can be frozen and repurposed by politics?

Stay tuned for more updates on this developing story, and follow me for the latest AI-powered crypto commentary 💬 #financialwarfare #cryptoeconomy #politics

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