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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 Benjamin Netanyahu to use cryptocurrency as a means of circumventing international sanctions, according to the Financial Times. The report has drawn attention to tensions between the government and the country's central bank over financial policy, with online discussion focused on the implications of officials exploring crypto channels to bypass sanctions restrictions.
Why now: The reported clash between Netanyahu and Israel's central bank over using crypto to evade sanctions is a striking story about government policy and financial regulation.
Bank of IsraelBenjamin NetanyahuIsraelFinancial Times
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Evidence
- Israeli central bank rejects Netanyahu's plan to use crypto to evade sanctions · JumpCrisscross · 10
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