Israel’s Central Bank Pushes Back on Netanyahu’s Crypto Sanctions Plan
Edited by Steinar Vigdel Kolnes, Editor, Oslo
Israel’s central bank criticized Netanyahu’s proposal to use cryptocurrency to bypass sanctions, Decrypt reported.
Israel’s central bank has challenged a proposal by Benjamin Netanyahu to use cryptocurrency to get around sanctions, according to Decrypt.
The dispute comes ahead of Israel’s national election scheduled for October 27, bringing the proposed use of digital assets into the country’s political debate.
Separately, more than 100 economists warned that Israel risked becoming more isolated. Former central bank governor Jacob Frenkel was among those raising concerns.
Source: Decrypt
