Coverage dated October 23, 2026 to October 25, 2026
Netanyahu rebuked for plan to use crypto to bypass economic sanctions
Headline from Al-Monitor
By Steven Scheer JERUSALEM, Oct 25 (Reuters) - Prime Minister Benjamin Netanyahu, who faces re-election this week, is drawing criticism from economists and political rivals after suggesting Israel could use cryptocurrency to help shield its economy from potential international sanctions.
Al-Monitor's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Israeli Prime Minister Benjamin Netanyahu said he has asked officials to develop alternatives, including blockchain or cryptocurrency, in case international banking sanctions restrict Israel’s access to the financial system; he provided no details on how or when such a plan might work.
Benjamin Netanyahu said he is exploring the use of cryptocurrency to circumvent potential financial sanctions on Israel, drawing criticism from opposition figures who said it would turn the Jewish state into an economic pariah like Iran.
By Steven Scheer JERUSALEM, Oct 25 (Reuters) - Prime Minister Benjamin Netanyahu, who faces re-election this week, is drawing criticism from economists and political rivals after suggesting Israel could use cryptocurrency to help shield its economy from potential international sanctions.
