Israel central bank rejects Netanyahu crypto proposal
By The BriefBrief
Israel’s central bank rejected Prime Minister Benjamin Netanyahu’s proposal for a cryptocurrency-based alternative funding system, which the Financial Times title characterizes as a way to evade sanctions. Critics say the plan could make Israel an economic pariah. In a campaign video, Yashar party chairman Gadi Eisenkot said it would create an economy like North Korea and Iran and damage high-tech and healthcare.
WHO:Israel’s central bank; Prime Minister Benjamin Netanyahu; Yashar party chairman Gadi Eisenkot
WHAT:Israel’s central bank rejected Netanyahu’s proposal for an alternative cryptocurrency funding system.
WHEN:Reported Oct 24, 2026 at 3:19 PM ET
WHERE:Israel
WHY:The central bank’s reason for rejecting the proposal is not reported.
Reporting from 2 identified publishers across this event arc.