TIMES OF ISRAEL · 2026-10-26 09:14 UTC

Netanyahu's crypto bet signals a dangerous readiness to accept economic isolation

Netanyahu proposed using cryptocurrency and blockchain to bypass international sanctions against Israel, drawing rare rebuke from the Bank of Israel and criticism from over 100 senior economists and business leaders. Economic experts warned that acknowledging potential banking sanctions and suggesting evasion methods will deter foreign investment, paralyze the economy, and collapse Israel's global economic standing. Netanyahu's comments signal his government will not change policy to prevent sanctions but instead seek ways to circumvent them if re-elected on October 27.

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