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Palestine Looking to Replace their Currency with Crypto
Summary: Mohammad Shtayyeh, the Palestinian Prime Minister, stated that the government is looking into cryptocurrency as a substitute for the Israeli shekel. Cryptocurrency will allow the Palestinian economy to be free from Israel's control. Professor of economic and social science at Najah University stated that "If Palestine has its own currency, will it be able to prevent Israel ...
Mohammad Shtayyeh, the Palestinian Prime Minister, stated that the government is looking into cryptocurrency as a substitute for the Israeli shekel. Cryptocurrency will allow the Palestinian economy to be free from Israel's control. Professor of economic and social science at Najah University stated that "If Palestine has its own currency, will it be able to prevent Israel from withholding tax clearance funds or controlling crossings and the movement of exports and imports? The problem of the Palestinian economy is not the currency but rather a complex economic and political reliance on Israel."
Author: Sofia Cabrera
Tags: Cryptocurrency,Israel,Israeli shekel,Mohammad Shtayyeh,Najah University,Palestine
Link: Palestine Looking to Replace their Currency with Crypto [Copy]
