Netanyahu Proposes Crypto for Potential Sanctions Evasion

Israeli Prime Minister Benjamin Netanyahu has suggested exploring the use of cryptocurrencies and blockchain technology as a potential measure to bypass international banking sanctions on Israel. Netanyahu's remarks come amidst growing international criticism of Israel's policies in the West Bank and Gaza Strip, with some countries threatening sanctions. However, the proposal has been met with skepticism and criticism from economists, the Bank of Israel, and opposition figures, who argue that cryptocurrencies are not a viable solution for evading sanctions and could potentially isolate Israel financially.