Israel: Benjamin Netanyahu turns to crypto to counter sanctions

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Benjamin Netanyahu said on October 23, 2026 that he had requested the preparation of a blockchain-based plan to prepare Israel for possible financial sanctions, particularly measures targeting its banking system. The Israeli prime minister believes the technology could be part of a workaround, but did not specify which cryptocurrencies might be included or what architecture would be used. His concerns follow the British announcement of a sanctions regime targeting Israeli settlements in the West Bank, which will apply within six to nine months, and he expects the US military aid worth tens of billions of dollars to end. The Russian and Iranian experiences provide precedents: the A7A5 stablecoin generated more than 100 billion dollars in transactions, while 84% of the 846 sanctioned Iranian wallets examined by the US Senate relied almost exclusively on USDT.

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Telemac
Telemachttp://cryptoinfo.ch
Passionné de nouvelles technologies, j’explore l’univers de la blockchain et des cryptomonnaies pour partager l’actualité et les innovations du secteur.

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