“Israel's Central Bank and 100 Economists Rebuke Netanyahu's Crypto Sanctions Dodge Plan” — what this page in the network covers. Over 100 economists, including former Bank of Israel governor Jacob Frenkel, have publicly warned that Prime Minister Benjamin Netanyahu's proposal to use cryptocurrency to evade international sanctions could deepen Israel's economic isolation. The rebuke comes ahead of the country's October 27 national election, adding a high-stakes economic dimension to the political contest. The central bank has also rejected the plan, signaling rare public discord between monetary authorities and the government.
Netanyahu's reported plan involves leveraging digital assets to bypass financial restrictions imposed by foreign governments, a move economists argue would damage Israel's standing in global markets and undermine its financial credibility. The economists warn that such a strategy could trigger retaliatory measures, reduce foreign investment, and isolate Israel from the international banking system. The full version stays on the original page, which this listing opens directly.