Bank of Israel Rejects Netanyahu’s Plan to Use Crypto to Circumvent Sanctions

Bitcoin changed hands at $81,542 shortly after 20:00 UTC on Saturday, essentially flat on the day. Beneath that quiet print, Israel’s prime minister and his own central bank spent the session arguing in public over whether cryptocurrency can be a shield against financial sanctions, with the Knesset election only four days away. On Friday, Prime Minister Benjamin Netanyahu told the Channel 10 economic network that Israel should brace for possible banking sanctions and build an economy able to bypass them.