Regulation
Neutral
Netanyahu asks for blockchain plan to counter potential banking sanctions
Image: Crypto BriefingIsraeli Prime Minister Benjamin Netanyahu said he has asked for a plan to use blockchain technology and digital assets as an alternative if banking sanctions are imposed. He made the remarks in an interview with Channel 10. He did not name a specific blockchain protocol. Israel has previously taken steps involving digital assets, including a CBDC design and a shekel-backed stablecoin. The requested plan's production and publication remain unknown.
Key points
- Israeli Prime Minister Benjamin Netanyahu said he asked for a plan to use blockchain technology to counter potential sanctions.
- He made the remarks during an interview with Channel 10.
- He presented blockchain and digital assets as an alternative to possible banking or economic sanctions.
- Israel has previously taken steps involving blockchain or digital assets.
Why it matters
The remarks show a national leader considering blockchain and digital assets as a financial fallback. It is not known whether a plan has been produced or made public.
What's unclear
It is not yet known whether the requested plan will be produced or made public.
Which blockchain network or digital assets would be used in any plan remains unspecified.
Sources · 2 publishers
CoinGape
Tier 2
Israeli PM Netanyahu Calls For Blockchain Plan To Counter Potential Economic Sanctions
Coverage timeline
- First reported by Crypto Briefing
- Also reported by CoinGape
- CryptoVideos brief published
How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error
