Benjamin Netanyahu · Israel · Donald Trump · The Block
Netanyahu seeking blockchain plan to prepare for possible sanctions
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◎ Multiple-sources
Israeli Prime Minister Benjamin Netanyahu said he has asked for a plan involving blockchain to help the country prepare for possible economic sanctions, including banking restrictions.
Key facts
- You need to prepare an economy that can bypass them," Netanyahu said broadcast Friday on Israel's Channel 10, according to a translation of the Hebrew transcript
- The interviewer, Roy Katz, then asked whether Netanyahu saw blockchain as an alternative for dealing with economic sanctions on Israel
- He also said Israel should prepare for a less favorable U.S. political environment after President Donald Trump leaves office
- Israeli Prime Minister Benjamin Netanyahu said he has asked for a plan involving blockchain to help the country prepare for possible economic sanctions, including banking restrictions
Summary
"We need to understand that there could be sanctions, including banking sanctions. You need to prepare an economy that can bypass them," Netanyahu said broadcast Friday on Israel's Channel 10, according to a translation of the Hebrew transcript. The interviewer, Roy Katz, then asked whether Netanyahu saw blockchain as an alternative for dealing with economic sanctions on Israel. "One of them, certainly. Netanyahu did not say who would prepare the plan, which blockchain or currencies it might involve, or when it could be implemented.