Prime Minister Benjamin Netanyahu on Friday said he had requested a plan to use blockchain technology to help Israel counter possible financial sanctions, while warning that US military aid would eventually end.<\/p>\n
UK could reevaluate sanctions: Measures could grow or shrink depending on Israeli elections<\/p>\n
Speaking to Roi Katz on Israel\u2019s Channel 10, Netanyahu acknowledged concern about potential economic sanctions, including restrictions targeting the banking system. \u201cOf course I\u2019m concerned,\u201d he said.<\/p>\n
\u201cYou have to understand that there could be banking sanctions,\u201d Netanyahu said, arguing that Israel needed to prepare alternative financial arrangements and pointing to currencies that could help bypass such restrictions.<\/p>\n
Netanyahu to i24NEWS<\/p>\n
Asked whether blockchain technology offered an alternative in the face of economic sanctions, Netanyahu replied: \u201cOne of them, certainly. And I\u2019ve already asked for a plan to be prepared for it.\u201d He did not detail how the proposed system would operate in the excerpt.<\/p>\n
Netanyahu also warned that Israel could not assume it would continue receiving the large American military aid packages it had secured in the past. \u201cIf you think we\u2019ll continue receiving what I secured twice, tens of billions of dollars in American assistance for the defense budget, get organized and get used to it: it won\u2019t happen, because America has changed,\u201d he said.<\/p>\n
The prime minister described the eventual end of that assistance as \u201conly a matter of time,\u201d without giving a timetable in the excerpt.<\/p>\n","protected":false},"excerpt":{"rendered":"Prime Minister Benjamin Netanyahu on Friday said he had requested a plan to use blockchain technology to help…\n","protected":false},"author":2,"featured_media":655396,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[85,46,43],"class_list":["post-655395","post","type-post","status-publish","format-standard","has-post-thumbnail","category-israel","tag-il","tag-israel","tag-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/655395","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=655395"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/655395\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/655396"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=655395"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=655395"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=655395"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}