Bank of Israel
The Bank of Israel rejected Netanyahu's proposition that Israel use blockchain and crypto to skirt sanctions Financial Times reported Bank of Israel’s statement that cryptocurrencies cannot serve to circumvent sanctions imposed on Israel. Bank of Israel rejected Benjamin Netanyahu’s proposal to use cryptocurrency. Tomer Sharoni explained to the Bank of Israel that blockchain can transfer money across borders but cannot enforce payment acceptance. Regulators approved the BILS shekel stablecoin in April 2026.· Entity summary generated by Graphiti
Relation timeline
BY VALID-FROM DATE- Tomer SharoniEXPLAINEDBank of Israel
Tomer Sharoni explained to the Bank of Israel that blockchain can transfer money across borders but cannot enforce payment acceptance.
- Financial TimesREPORTSBank of Israel
Financial Times reported Bank of Israel’s statement that cryptocurrencies cannot serve to circumvent sanctions imposed on Israel.
- Bank of IsraelREJECTEDBenjamin Netanyahu
Bank of Israel rejected Benjamin Netanyahu’s proposal to use cryptocurrency.
- Bank of IsraelREJECTEDBenjamin Netanyahu
The Bank of Israel rejected Netanyahu's proposition that Israel use blockchain and crypto to skirt sanctions
- Bank of IsraelAPPROVEDBILS shekel stablecoin
Regulators approved the BILS shekel stablecoin in April 2026.
Relations are facts Graphiti extracted from reports, not verbatim quotes. An end date means later reporting showed the relation no longer holds.