Israel's Central Bank and Experts Reject Netanyahu's Proposal on Cryptocurrencies

The Bank of Israel and economic experts have rejected Prime Minister Benjamin Netanyahu's proposal to use cryptocurrencies to circumvent potential sanctions on the banking system. Opponents warn of serious economic repercussions that could isolate Israel from its trading partners.

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• The Central Bank of Israel criticized Netanyahu's statement, in which he hinted at the possibility of using digital currencies and developing an alternative economy.

  «انتقد البنك المركزي الإسرائيلي تصريح رئيس الوزراء بنيامين نتانياهو الذي ألمح فيه مؤخرا إلى إمكانية استخدام العملات الرقمية»

  France 24
• According to reports, the proposal aims to circumvent potential international sanctions.

  «للالتفاف على عقوبات محتملة على النظام المصرفي»

  France 24 • الجزيرة نت
• Those opposing the plan warned that it could isolate Israel from its trading partners.

  «محذرين من تداعيات اقتصادية خطيرة قد تعزل إسرائيل عن شركائها التجاريين»

  الجزيرة نت

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