Yhn BusinessCrypto first seen 15 h ago, last 11 min ago, peak #3

Israeli central bank rejects Netanyahu's crypto sanctions plan

Original: Israeli central bank rejects Netanyahu's plan to use crypto to evade sanctions

The Bank of Israel has rejected a proposal backed by Prime Minister Benjamin Netanyahu to use cryptocurrency as a means of circumventing international sanctions. The Financial Times reported the central bank's refusal, which highlights growing tension within Israel's government over digital assets and the limits of crypto as a tool for dodging financial restrictions.

Why now: The Israeli central bank's public rejection of a prime ministerial plan involving crypto and sanctions is a striking clash between Israel's government and its monetary authority.

Benjamin NetanyahuBank of IsraelFinancial Times

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• Israeli central bank rejects Netanyahu's plan to use crypto to evade sanctions · JumpCrisscross · 10

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