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Netanyahu Says He Ordered Review of Crypto Use to Circumvent Potential Banking Sanctions

Netanyahu Says He Ordered Review of Crypto Use to Circumvent Potential Banking Sanctions

  • Israeli Prime Minister Benjamin Netanyahu said he had ordered officials to prepare a plan to use cryptocurrencies in response to potential banking sanctions.
  • Netanyahu said he had asked for cryptocurrencies to be reviewed as one alternative in case sanctions on the banking sector were imposed.
  • He said the plan to use cryptocurrencies was one of several possible responses to circumvent potential banking sanctions.

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Israeli Prime Minister Benjamin Netanyahu said he had ordered officials to devise ways to use cryptocurrencies in response to potential banking sanctions.

Cointelegraph reported on October 23 that Netanyahu had asked for cryptocurrencies to be considered…

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