Israel Considers Using Crypto to Sidestep Economic Sanctions
Israeli Prime Minister B. Netanyahu has proposed crypto as a possible way for the country to maintain financial channels if international sanctions increasingly restrict its access to the global banking system. Speaking to Channel 10 in Israel shortly before the general election, Netanyahu argued that Israel should develop alternative financial mechanisms capable of operating beyond conventional banking networks. He named blockchain-based digital currencies as one possible means of avoiding restrictions imposed by foreign governments. Israel has faced growing international criticism over its policies toward Palestinians, including settlement expansion within the occupied East Jerusalem and West Bank, increased settler violence, and…
