UPDATE: Israel's central bank REJECTS Prime Minister Benjamin Netanyahu's plan to use CRYPTO to bypass potential international financial sanctions, per FT.
The central bank warned that crypto cannot help Israel avoid sanctions and urged the government to protect its ties with major trading partners.
The warning comes as the UK, France, Canada and other Western allies move to impose sanctions over Israeli settlements in the West Bank.
Opposition leaders warned that the plan could leave Israel financially isolated, similar to Iran, Russia and Venezuela.
#cryptooinsigts
The central bank warned that crypto cannot help Israel avoid sanctions and urged the government to protect its ties with major trading partners.
The warning comes as the UK, France, Canada and other Western allies move to impose sanctions over Israeli settlements in the West Bank.
Opposition leaders warned that the plan could leave Israel financially isolated, similar to Iran, Russia and Venezuela.
#cryptooinsigts