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Netanyahu floats blockchain as way to bypass financial sanctions, sparking Israeli political spat

Israeli Prime Minister Benjamin Netanyahu (베냐민 네타냐후) has publicly raised the possibility of using blockchain and cryptocurrencies to respond to potential international financial sanctions. He said Israel is reviewing related technology to reduce any economic shock. Political opponents criticised the idea, with one calling it a national security threat, while the Bank of Israel said crypto cannot be used to bypass sanctions. Industry figures and local media also questioned its effectiveness.