The Russian Central Bank has escalated tensions by filing a lawsuit against Euroclear, a major international settlement institution, amid the EU's push to enforce asset seizures. The move underscores growing friction over how cross-border financial infrastructure handles frozen assets and custody arrangements during periods of international tension. For crypto market participants and institutional players relying on traditional settlement mechanisms, the case highlights critical questions around asset security, jurisdictional authority, and the vulnerability of centralized custodial systems to geopolitical pressure. As regulators tighten controls on asset transfers and settlement protocols, the dispute signals a broader shift toward more fragmented financial systems and may accelerate demand for decentralized alternatives.