Bank of Israel rebukes Netanyahu over sanction evading crypto plan

- By Joasia E. Popowicz
- @joasiaepopowicz
- 26 Oct 2026

The Bank of Israel has hit back against prime minister Benjamin Netanyahu’s proposal that cryptocurrency could be used to evade sanctions, as Israel’s international relations come under further strain ahead of elections on October 27.

Netanyahu said in an interview with Israel’s Channel 10 on October 23 that Israel needs to set up a “bypass economy” in the face of possible international sanctions on banks. “There are currencies that can bypass [sanctions],” he said.

Asked whether he was referring

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