Israel’s central bank stepped in and dismantled the scheme to use $BTC to evade sanctions.
Just as Netanyahu’s camp floated the idea of using crypto to get around sanctions, Israel’s own central bank publicly called them out. More than 100 economists, including a former central bank governor, issued a joint statement warning that this would only leave Israel more isolated.
With the election coming up on October 27, this drama is even livelier than the crypto scene.
The funniest part is that some people may actually think the country is going to step in and buy crypto itself. I’m siding with the central bank—I suspect these trial balloons are mostly pre-election bluster.
Don’t bet your position on what politicians say.
Make your pick: after the election, will the Israeli government really get involved in crypto, or will the central bank keep it in check? I’m betting it’ll keep holding the line. Come back then and we’ll see who got it right.
#以色列 #CryptoRegulation
Just as Netanyahu’s camp floated the idea of using crypto to get around sanctions, Israel’s own central bank publicly called them out. More than 100 economists, including a former central bank governor, issued a joint statement warning that this would only leave Israel more isolated.
With the election coming up on October 27, this drama is even livelier than the crypto scene.
The funniest part is that some people may actually think the country is going to step in and buy crypto itself. I’m siding with the central bank—I suspect these trial balloons are mostly pre-election bluster.
Don’t bet your position on what politicians say.
Make your pick: after the election, will the Israeli government really get involved in crypto, or will the central bank keep it in check? I’m betting it’ll keep holding the line. Come back then and we’ll see who got it right.
#以色列 #CryptoRegulation
