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Netanyahu faces backlash over cryptocurrency sanctions plan

Times of Palestine

Netanyahu faces backlash over cryptocurrency sanctions plan

Image credit: Al-Monitor

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Prime Minister Benjamin Netanyahu is drawing criticism from economists and political rivals after suggesting Israel could use cryptocurrency to shield its economy from sanctions, Al-Monitor reported. The proposal emerged as Netanyahu prepares for re-election this week.

Critics have questioned whether the approach would work and whether it complies with international law. The government has not yet responded in detail to the objections.

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