Netanyahu Eyes Crypto to Counter Sanctions, but Central Bank Pushes Back

The Bank of Israel has just publicly rejected Benyamin Netanyahu's crypto project. On October 24, the institution stated that cryptocurrencies would not allow the country to circumvent possible international financial sanctions. The Prime Minister had nevertheless requested the preparation of a system based on blockchain. More than 100 economists also denounce this proposal, which comes just days before the Israeli legislative elections on Octo…