Netanyahu Considering Crypto Plan to Dodge Banking Sanctions on Israel

Penalties such as trade bans, asset freezes or travel bans imposed by one or more countries on another country, group or person.

Sanctions are used to pressure governments without military action, with costs for both sides.

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

Crypto prices are volatile, and governments are still deciding how to regulate it.

A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.

It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.