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Netanyahu proposes crypto bypass for possible bank sanctions, risking investor flight

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Summary

Prime Minister Benjamin Netanyahu proposed a cryptocurrency-based bypass for possible bank sanctions instead of working to avert them. The Times of Israel argues the plan risks rattling investors, sparking capital flight, and imperiling the high-tech sector that the economy relies on.

This continues an earlier story: Netanyahu's crypto remarks on sanctions draw fire from Bank of Israel and opposition

Timeline

  1. The Times of Israel

    Source ↗

    The Times of Israel reports that Netanyahu's crypto proposal, offered instead of working to avert bank sanctions, risks rattling investors, sparking capital flight, and imperiling the high-tech sector the economy relies on.

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