[109 Israeli Economists and Business Leaders Warn Netanyahu Against Implementing Cryptocurrency Sanctions Avoidance Plan] Odaily Planet Daily reports that Bitcoin News, in an article published on the X platform, stated that 109 Israeli economists and business leaders warned Netanyahu against implementing a cryptocurrency sanctions avoidance plan. Signatories include former Bank of Israel Governor Jacob Frenkel and 2025 Nobel Prize laureate in Economics Joel Mokyr. The signatories stated that cryptocurrencies are a "baffling solution," adopted by criminal organizations, and completely unhelpful in solving problems. Netanyahu stated on Friday that Israel should prepare to establish a "circumvention economy" to cope with bank sanctions; when asked if he was referring to cryptocurrencies, he said "absolutely correct." The Bank of Israel has already rejected the idea, and the Israeli general election is scheduled for tomorrow. Cryptocurrency sanctions avoidance has previously been primarily associated with Russia and Iran, making this the first time such a plan has been implemented for a close US ally.