Netanyahu warns Israel could face banking sanctions, prepares alternative financial system
Netanyahu says Israel is preparing alternatives to banking sanctions, including blockchain, and warns that US military aid cannot be taken for granted.
Prime Minister Benjamin Netanyahu has warned that Israel might face banking sanctions and has ordered preparations for alternative financial mechanisms, including blockchain technology. Speaking to Channel 10, Netanyahu stated that Israel needs to be prepared with an alternative economic system and identified currencies that can circumvent sanctions.
He also expressed skepticism about US military assistance, suggesting that America's support for Israel could end if the relationship changes. Regarding US sanctions on Israel, a survey by the Jewish People Policy Institute (JPPI) revealed that the United States has recorded the highest number of measures against Israel, with 15 documented actions.
This includes legislative initiatives, congressional resolutions, and academic calls for boycotts or divestment, highlighting the complexity of US-Israel relations.
Written by urgent.news from Jerusalem Post's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
This story
This is one outlet's version. Read the fullest account.
- Netanyahu warns Israel could face banking sanctions, prepares alternative financial system jpost.com
- Netanyahu warns of possible banking sanctions, proposes digital currencies as alternative israelnationalnews.com
- Instead of averting sanctions, Netanyahu offers Israelis an Iran-style blockchain economy haaretz.com
- Netanyahu: Israel should ready for global sanctions, use blockchain to circumvent them timesofisrael.com
- Netanyahu urges Israel to prepare for possible shift in US support english.ajel.sa
