According to CoinMeta, Valerie Urbain, the CEO of the European Central Bank for Clearing (Euroclear), warned that the confiscation of frozen Russian assets could trigger a series of subsequent problems, and the financial burden resulting therefrom might ultimately fall on ordinary Belgian taxpayers. Currently, the European Central Bank for Clearing holds about 200 billion euros in frozen Russian assets. Despite Belgium's firm opposition, the European Union is still considering various options in an attempt to use these assets to provide funding for Ukraine.