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Hungary opposes Europe’s plan to seize Russian frozen assets in a move to declare war on Russia, according to Prime Minister Orbán.
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Visa has launched an advisory practice focused on stablecoins to stay current with industry developments. The company will support banks, financial institutions, and enterprises in developing and implementing strategies for utilizing stablecoins.
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Seven EU countries oppose the confiscation of Russian assets, according to Euractiv. Belgium, Hungary, Slovakia, Italy, Bulgaria, Malta, and the Czech Republic have voiced their disagreement. Any attempt to enforce the confiscation could deepen divisions within the European Union. Politico reports that Ukraine's prospects for receiving "reparations credit" from frozen Russian assets are diminishing, as the European Commission has yet to present alternative strategies.
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Seven EU countries oppose seizing Russian assets, Euractiv reports. Belgium, Hungary, Slovakia, along with Italy, Bulgaria, Malta, and the Czech Republic, have expressed opposition, raising the risk of a major rift within the EU over the issue.
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U.S. Delegation in Berlin Urges Ukraine to Withdraw from Donbas, AFP Reports. The U.S. Presses Kyiv for Full Military Pullback from the Region.
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Russia’s Kristall Liquor Plant has filed an application to register the trademark “Trump.” If approved, the brand could be used for a range of products including vodka, brandy, liqueurs, wines, rum, beer, and other alcoholic and non-alcoholic beverages.
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