TIMES OF INDIA · 2026-10-25 16:41 UTC

'BibiCoin policy': Netanyahu faces backlash over plan to use crypto to bypass sanctions

Netanyahu proposed using cryptocurrency and blockchain to help Israel bypass potential international sanctions on banks, drawing criticism from the Bank of Israel. Over 100 economists and Nobel laureates warned the plan could trigger unemployment, falling foreign investment, and damage Israel's international standing. Netanyahu's political opponents called the proposal 'madness' and 'BibiCoin policy' ahead of Tuesday's election.

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