Israel’s central bank has rejected the idea that crypto could help the country get around possible sanctions, days after Prime Minister Benjamin Netanyahu said he had asked for a plan to do j
Israel’s central bank has rejected the idea that crypto could help the country get around possible sanctions, days after Prime Minister Benjamin Netanyahu said he had asked for a plan to do just that.
In a statement on Saturday, reported by the Financial Times, the Bank of Israel said cryptocurrencies “cannot serve as a means to circumvent sanctions imposed on Israel.” It said the right course is to “preserve economic relations with our primary trading partners.”
