European Union & Iraq — Central Bank of Iraq

European Union: The European Union is pushing to use Russia's frozen assets, held by Euroclear, as collateral for a loan to Ukraine. This initiative is the direct cause of the lawsuit filed by the Iraq — Central Bank of Iraq and has led to concerns about legal and financial risks, as well as potential undermining of confidence in the euro currency.

Iraq — Central Bank of Iraq: The Iraq — Central Bank of Iraq initiated legal proceedings against Euroclear to seek compensation for damages due to its inability to manage monetary assets and securities frozen under EU sanctions. This action is a direct response to the EU's plans to use these frozen assets to support Ukraine.

European Union: The European Union>>> is considering a temporary freeze on its price cap for Petroleum>>> and a new sanctions package against Russia>>>. This action aims to further tighten pressure on Russia>>>'s energy revenues and financial sector, but faces internal opposition from member states regarding certain measures.

Iraq — Central Bank of Iraq: The Iraq — Central Bank of Iraq faces potential seizure of its assets held by Euroclear, as the European Union intends to keep Russian central bank assets immobilized until the war ends and reparations are paid to Ukraine.

European Union: The European Union's Markets in Crypto-Assets Regulation (MiCA) provides the harmonized regulatory framework that NatGold Digital is complying with for its NATG token's entry into the European market.

Iraq — Central Bank of Iraq: The Iraq — Central Bank of Iraq was notified of the NATG MiCA White Paper filing, as part of the regulatory requirements for market entry in the European Economic Area.