✉news BusinessBanking first seen 9 h ago, last 6 min ago, peak #1
Israeli central bank rejects Netanyahu's crypto sanctions plan
Original: Israeli central bank rejects Benjamin Netanyahu’s plan to use crypto to evade sanctions
The Bank of Israel has rejected a proposal put forward by Benjamin Netanyahu to use cryptocurrency as a means of circumventing sanctions. The Financial Times reported the central bank's refusal, which underscores the institutional resistance within Israel to using digital assets to bypass international financial restrictions. The details of how the plan would have worked were not disclosed.
Why now: The clash between Netanyahu and Israel's central bank over crypto and sanctions is a significant political and financial story.
Bank of IsraelBenjamin NetanyahuFinancial Times
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Evidence
- Israeli central bank rejects Benjamin Netanyahu’s plan to use crypto to evade sanctions · Financial Times
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