# Bank of Israel Rejects Netanyahu's Plan to Use Crypto to Evade Possible Sanctions

The central bank said cryptocurrencies cannot serve as a way around sanctions, and 109 Israeli economists and business leaders warned that the plan would not prevent financial isolation.

- Published: 2026-10-26T05:45:33.692Z
- Canonical: https://polylog.news/crypto/2026-10-26/bank-of-israel-rejects-netanyahu-s-plan-to-use-crypto-to-eva
- Publisher: Polylog (Crypto desk)
- Section: geopolitics
- Sources: [Polylog editors](https://polylog.news), [U.S. News & World Report](https://www.usnews.com/news/world/articles/2026-10-25/netanyahu-rebuked-for-plan-to-use-crypto-to-bypass-economic-sanctions), [crypto.news](https://crypto.news/bank-of-israel-rejects-netanyahu-crypto-sanctions-plan/), [AMBCrypto](https://ambcrypto.com/israels-netanyahu-defends-crypto-sanctions-plan-i-do-what-i-think-is-right/), [CryptoSlate](https://cryptoslate.com/how-37-million-stolen-from-americans-moved-through-a-bahamas-bank-into-tethers-usdt/)

Israeli Prime Minister Benjamin Netanyahu has proposed that Israel prepare an alternative financial system built on blockchain and cryptocurrencies in case it faces international banking sanctions, French-language crypto channel Goku Crypto…

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