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European Jewish News · Oct 24, 2026

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Israel: Prime Minister Benjamin Netanyahu says he has requested a plan to explore using cryptocurrency and blockchain technology to bypass potential international banking sanctions against Israel. Speaking in a television interview on Friday, Netanyahu warned that Israel must prepare for possible financial restrictions and the eventual end of US military assistance. However, the Bank of Israel rejected the proposal on Saturday, warning that cryptocurrencies cannot be used to circumvent sanctions and urging the government to focus on preserving Israel’s international economic relationships. Responding to the criticism, Netanyahu said he would consider the central bank’s advice but ultimately do what he believes is best. Join EJN:

Israel: Prime Minister Benjamin Netanyahu says he has requested a plan to explore using cryptocurrency and blockchain technology to bypass potential international banking sanctions against Israel. Speaking in a television interview on Friday, Netanyahu warned that Israel must prepare for possible financial restrictions and the eventual end of US military assistance. However, the Bank of Israel rejected the proposal on Saturday, warning that cryptocurrencies cannot be used to circumvent sanctions and urging the government to focus on preserving Israel’s international economic relationships. Responding to the criticism, Netanyahu said he would consider the central bank’s advice but ultimately do what he believes is best. Join EJN: https://wa.me/447443160130?text=Hi!%20I%20would%20like%20to%20subscribe%20to%20the%20EJN.%20My%20name%20is:%20

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