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Bank of Israel rejects Netanyahu's plan to use crypto to bypass sanctions

Market News
11 Nov 2026, 22:32 WIB
Crypto Economy
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Neutral
Bank of Israel rejects Netanyahu's plan to use crypto to bypass sanctions

The Bank of Israel has rejected Prime Minister Benjamin Netanyahu's proposal to use cryptocurrencies and blockchain technology to evade potential international sanctions. This decision highlights the central bank's cautious stance on leveraging digital assets for geopolitical strategies. The rejection may impact Israel's approach to handling sanctions and its adoption of crypto in official policies going forward.

Israel Discount Bank's upcoming launch of Bitcoin and Ethereum trading is presented here with Pluang's cryptocurrency market context as of Nov 12, 2026 03:21 WIB: Among 50 major cryptocurrencies priced on Pluang, 32 rose and 17 fell today. Notable movers include CRV at Rp4.426 with a 1-day change of -2.23% and 100% buy order activity, SOL at Rp1.534.580 with a 2.08% gain and 73% buy orders, and FTM at Rp11.382 down 2.05% with a typical hold time of 89 days.

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