The Palestinian Authority believes issuing a sovereign cryptocurrency token will reduce Palestine’s reliance on the Israeli shekel. Palestinian Authority: First Money, then Power Palestinian Prime Minister Mohammad Shtayyeh recently announced that his government will use cryptocurrency to bypass sanctions levied by Israel. Shtayyeh issued the statement while speaking before the Palestine Center for Computer Emergency Response in Ramallah on July 9. While speaking on Palestine TV, Shtayyeh said: The Palestinian economy has about 25 billionRead MoreThe post Palestinian Authority: Cryptocurrency Will Bring Economic Freedom appeared first on Bitcoinist.com.
