Investing.com – Prime Minister Benjamin Netanyahu said Israel is actively exploring the use of cryptocurrencies to bypass potential international banking sanctions, drawing fierce domestic backlash days ahead of a tightly contested national election.

“We need to prepare ways to evade banking sanctions through an alternative economic system,” Netanyahu said in an interview with Israel’s Channel 10. “You know what that means – the currencies that can bypass them. I’m working on that too.” Asked directly whether he was referring to crypto assets, Netanyahu replied: “Very correct.”

The remarks drew swift condemnation from political opponents, who warned that adopting tactics used by rogue states risks severing…