Brussels just dropped their plan to back Ukraine loans with frozen Russian funds—but there's a catch. Belgium's sitting on most of those assets, and they're not playing ball. Classic bureaucratic gridlock when billions are on the table. Makes you wonder how geopolitical asset freezes might reshape institutional money flows in the long run.

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
GrayscaleArbitrageurvip
· 12-11 16:23
Is this really happening in Belgium? Sitting on frozen assets in Russia and refusing to move—that takes real guts... The infighting within the EU is even fiercer than against external enemies.
View OriginalReply0
RebaseVictimvip
· 12-10 20:35
Belgium is truly incredible, holding onto the money tightly. This is the European bureaucratic machine...
View OriginalReply0
ServantOfSatoshivip
· 12-08 21:53
Belgium's move this time is really incredible—the frozen Russian assets are just sitting there, and they simply refuse to use them... This is the European bureaucratic system for you: the bigger the money, the more sluggish they are.
View OriginalReply0
AirdropHarvestervip
· 12-08 21:53
Belgium's move is really something—freezing Russian assets to loan money to Ukraine was supposed to be a good thing, but now they've gotten stuck themselves... By the way, can these frozen assets really be held long-term? Feels like in the end, someone will have to compromise.
View OriginalReply0
PrivacyMaximalistvip
· 12-08 21:51
Belgium squandered a good hand; when it comes to asset freezes, honestly, every country just talks its own game, but when it’s time to put real money on the line, they all play dead.
View OriginalReply0
0xOverleveragedvip
· 12-08 21:50
Belgium's move is really unbelievable; freezing assets seems like not freezing them at all... In critical moments, you can only rely on yourself.
View OriginalReply0
FlashLoanLarryvip
· 12-08 21:42
NGL, Belgium really pulled off a masterstroke here. The frozen rubles are right there in the vault but can't be accessed—this is the surreal reality of off-chain governance... So much for those sanctions.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)