Netanyahu talks about the end of US aid and proposes digital currencies to confront sanctions
20:35 · 24 October 2026
2 min read
Israeli Prime Minister Benjamin Netanyahu announced that American military aid to Israel “has ended and will not return,” considering that the United States has “changed,” revealing that a plan is being prepared to confront any possible banking sanctions through digital currencies and Blockchain technologies.
Netanyahu explained, in a television interview, that he ordered the formation of a team to plan for an economy capable of bypassing sanctions, calling for preparation for this scenario.
On the other hand, the Central Bank of Israel responded to the proposal, stressing that cryptocurrencies cannot be an alternative to circumventing sanctions, and stressed that the priority must be to maintain economic relations with major trading partners and work to prevent the imposition of sanctions and their repercussions on the Israeli economy.
Israeli Prime Minister Benjamin Netanyahu announced that American military aid to Israel “has ended and will not return,” considering that the United States has “changed,” and revealing that a plan is being prepared to confront any possible banking sanctions through digital currencies and Blockchain technologies.
According to what was reported by Israeli media, Netanyahu explained in a television interview that he requested the preparation of a plan for an economy capable of bypassing sanctions, calling for preparation for this scenario.
But officials in Israeli economic ministries said, according to the Ynet website, that they were not aware of any initiative of this kind, while senior officials in the Prime Minister's Office said that they were not aware of the existence of a team working on the plan.
On the other hand, the Central Bank of Israel responded to the proposal, stressing that cryptocurrencies cannot be an alternative to circumventing sanctions, and stressed that the priority must be to maintain economic relations with major trading partners and work to prevent the imposition of sanctions and their repercussions on the Israeli economy.
These statements come four days before the Israeli legislative elections, according to The Times of Israel.
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Benjamin Netanyahu
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