Netanyahu said in an October 23 television interview that he had asked for plans exploring alternatives, including blockchain and cryptocurrencies, in case Israel faced international banking sanctions. The next day, the Bank of Israel said cryptocurrencies could not be used to circumvent sanctions and urged the government to preserve ties with major trading partners and prevent sanctions. WuBlockchain’s report attributes those details to the Financial Times; the FT article itself was inaccessible, so the supplied account is not independently confirmed here.

Netanyahu said in an October 23 television interview that he had asked for plans exploring alternatives, including blockchain and cryptocurrencies, in case Israel faced international banking sanctions. The next day, the Bank of Israel said cryptocurrencies could not be used to circumvent sanctions and urged the government to preserve ties with major trading partners and prevent sanctions. WuBlockchain’s report attributes those details to the Financial Times; the FT article itself was inaccessible, so the supplied account is not independently confirmed here.

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