- Netanyahu said he is reviewing the use of blockchain and cryptocurrencies as tools to respond to international financial sanctions.
- The Bank of Israel said it opposes Netanyahu’s plan, arguing that cryptocurrencies cannot serve as a means of evading sanctions.
- Experts said cryptocurrencies and blockchain would be difficult to use to replace the existing financial system or bypass international sanctions.
Forecast Trend Report by Period
Israeli Prime Minister Benjamin Netanyahu said Israel is considering the use of blockchain technology and cryptocurrencies as a way to respond to international financial sanctions.
Cointelegraph reported on October 25 that Netanyahu said in an…
