Israel’s central bankers have rejected a suggestion from Prime Minister Netanyahu that cryptocurrency could be used to circumvent international sanctions on the country.
Speaking in an interview with Channel 10 on Friday, Netanyahu had told Israelis to prepare for a prospective tightening of measures against Jerusalem, as the UK and EU threaten retaliation to the prospective expansion of West Bank settlements.
"You have to understand that there could be banking sanctions,” he said.
“You need to prepare an economy that can circumvent them… and I’m working on that as well.”
To get more Israel news, click here to sign up for our free Israel Briefing newsletter.
