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Ongoing Story· Today

Bank of Israel Rejects PM's Claim on Crypto Sanctions Evasion

22 developments

Kikar HaShabbatPolitics

Netanyahu Responds to Bank of Israel Criticism on Crypto Use

Translated & summarized from Kikar HaShabbat by baba

ReligiousNeutral tone

Hebrew · 1 newsroom

Prime Minister Benjamin Netanyahu responded to the Bank of Israel's criticism on cryptocurrency, clarifying it's not the sole method and its use is uncertain. He stated he is considering objections and has received advice from various sources, including the central bank. Netanyahu also highlighted his economic achievements, including fostering prosperity and implementing free market policies.

The story in 4 lines · by baba

  • Prime Minister Netanyahu stated cryptocurrency is one of several potential means, not the only one.
  • Netanyahu acknowledged Bank of Israel objections and is considering them.
  • He mentioned receiving advice from various parties, including the Bank of Israel.
  • The Prime Minister cited his record of economic prosperity and free market reforms.

Prime Minister Benjamin Netanyahu addressed criticism from the Bank of Israel regarding the use of cryptocurrency, stating that it is "one of the means, not the exclusive means, and it is not certain that it will be used." Netanyahu acknowledged hearing the objections and stated he is taking them into consideration, adding that he has received advice from various parties, including the Bank of Israel.

The Prime Minister asserted his track record in leading Israel to unprecedented economic prosperity, implementing a free market economy, breaking monopolies, reducing public sector waste, and lowering taxes and prices significantly.

Kikar HaShabbatHaredi · Bnei Brak

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