Netanyahu Orders Plan to Use Crypto Against Sanctions — SkimNews
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- Netanyahu asked for a plan to use blockchain networks to bypass possible banking sanctions, emphasizing the need to prepare for a future without guaranteed U.S. military aid.
- Netanyahu stated U.S. defense funding for Israel will eventually end, calling it 'only a question of time' and urging Israelis to prepare for a 'rainy day' economically.
- Elliptic reported that Russia’s ruble-pegged stablecoin A7A5 moved $102 billion in its first year before sanctions and a hack slashed its daily volume by 96% from peak levels.
- Bank Leumi plans to offer Bitcoin trading in early 2027 through Galaxy Digital, pending approval from the Bank of Israel, signaling institutional crypto interest within Israel’s financial sector.
- Netanyahu compared future cooperation to partnerships with India’s Modi, noting ongoing discussions on joint weapons production as part of a broader strategy for strategic independence.
Why it matters: Israel’s top leadership is actively planning for a scenario where it loses access to the U.S. financial system and military aid, a shift that could reshape its defense and economic policy. With Bank Leumi’s planned Bitcoin trading launch and lessons drawn from Russia’s A7A5, the move signals a concrete pivot toward financial alternatives with real implementation timelines, not just theoretical posturing.
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