Netanyahu Eyes Blockchain As Banking Risks Grow

Benyamin Netanyahu asked his advisors to prepare a blockchain-based plan to reduce Israel’s vulnerability to potential banking sanctions. However, the Prime Minister did not specify the cryptos considered, the project leaders, or the timeline. The Israeli Prime Minister mentioned this project on October 23 during an interview with the economic channel Channel 10. He believes Israel must prepare alternative financial circuits in case international restrictions affect its banking system. When journalist Roy Katz asked if blockchain could be a solution, Benyamin Netanyahu responded : This statement confirms a request but not the adoption of an operational system.