Israeli Prime Minister Benjamin Netanyahu has said Israel could use blockchain and crypto to get around international sanctions, if any are imposed. He made the remark in the run-up to elections. Cointelegraph reported it on October 25, 2026.
The idea drew objections at home. Netanyahu's political opponents were unhappy with it, and so was the governor of Israel's central bank. The report does not say what either side argued in detail.
Several things are not known. The report does not say which sanctions Netanyahu meant or who might impose them. It does not name a plan, a token, a network or a timeline. So far it is a statement by a politician during an election campaign, not a policy.
For anyone already holding a perpetual position on Bitget, Bybit, MEXC or OKX, this changes nothing directly. The story names no exchange, no contract and no rule change, and it mentions nothing about funding rates, fees or liquidity on any of these platforms. The costs of holding a position are the same as they were before the remark.
Source: cointelegraph — Netanyahu floats use of blockchain as solution to potential financial sanctions