Netanyahu proposes crypto to bypass sanctions, central bank rejects plan
Summarised from 2 outlets · Updated 24 Oct, 21:02 · Archive
Israeli Prime Minister Benjamin Netanyahu has suggested using cryptocurrency to help Israel operate under potential sanctions, but the central bank has rejected the proposal.
Israeli Prime Minister Benjamin Netanyahu has suggested using cryptocurrencies and blockchain technology to help Israel operate under potential international sanctions.
The Israeli central bank has rejected Netanyahu's proposal. Critics argue that such a move would turn Israel into an economic pariah on the world stage.
The proposal comes as Israel faces the possibility of facing international sanctions related to its ongoing military operations in Gaza.
How it is being reported
- Israel central bank rejects Netanyahu’s plan to use crypto to evade sanctionsCritics say prime minister’s proposal would turn country into an economic pariahFinancial Times · 24 Oct, 20:19
- Netanyahu floats Crypto to bypass sanctionsNetanyahu floats Crypto to bypass sanctionsAl Jazeera · 24 Oct, 14:27
In this story: Benjamin Netanyahu · Israel · Israeli central bank
This summary was written by AI from the headlines and standfirsts above, and states as fact only what at least two outlets report. How we use AI · Report a problem
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