Israeli central bank rejects Benjamin Netanyahu’s plan to use crypto to evade sanctions

Financial Times: In a blunt statement on Saturday, the central bank said cryptocurrencies “cannot serve as a means to circumvent sanctions imposed on Israel” and urged the country’s political leadership to take steps to defuse the mounting international pressure.

“The right course of action for the Israeli economy is to preserve economic relations with our primary trading partners and to focus on preventing sanctions and their negative impact on the economy,” the central bank said…

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