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top economists blast Netanyahu’s crypto sanction

top economists blast Netanyahu’s crypto sanction

The letter, signed by 109 prominent figures, follows Netanyahu’s remarks on Friday that Israel must prepare an alternative economic system capable of bypassing banking sanctions, with blockchain technology among the options under consideration. The signatories express “alarm and deep concern” over his statements, warning that such an approach would do nothing to protect Israel from the consequences of international financial isolation.

‘A solution used by criminal gangs’: top economists blast Netanyahu's crypto sanctions plan ‘A solution used by criminal gangs’: top economists blast Netanyahu's crypto sanctions plan

‘A solution used by criminal gangs’: top economists blast Netanyahu’s crypto sanctions plan

(Photo: Maayan Toaf/GPO, Dado Ruvic/Reuters)

Among the signatories are Professor Joel Mokyr, who won the 2025 Nobel Prize in Economic Sciences, and Professor Aaron Ciechanover, a Nobel laureate in chemistry. The…

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