Netanyahu seeks blockchain plan to counter potential financial sanctions

Israeli Prime Minister Benjamin Netanyahu wants a financial backup plan, and he wants it on a blockchain. In an interview on October 23, 2026, Netanyahu argued that Israel needs an ‘alternate economy’ in case it faces banking sanctions. He named blockchain technology and digital assets as workable options and said he has asked for a comprehensive plan to be prepared. What Netanyahu actually said The remarks came during an appearance on Channel 10. Netanyahu framed blockchain and digital assets as feasible alternatives if traditional banking channels were ever restricted. He did not name any specific blockchain protocol. He also did not mention any company or token. The timing matters too. The comments came ahead of Israel’s elections. They also referenced the risk of losing US defense aid, which has historically been a major pillar of Israel’s security budget. Why sanctions are on the table at all The broader backdrop is a conversation about financial independence. Netanyahu’s comments arrived amid discussion of reducing Israel’s reliance on US military financial aid, which has historically amounted to tens of billions annually. The UK has recently introduced measures targeting Isr...