Benjamin Netanyahu says Israel is looking into using crypto to bypass potential financial sanctions and reduce its dependence on the traditional banking system.

In an interview, he confirmed that he is exploring cryptocurrencies as an alternative if Israeli banks lose access to international financial networks.

This comes after several countries announced measures targeting Israeli settlements in the West Bank, raising concerns that sanctions could also affect Israeli banks and the country's economy.

Opposition politicians have criticized the idea, comparing it to countries like Iran, Russia, and Venezuela, which face international financial restrictions.

Netanyahu also warned that US military aid to Israel could eventually end, meaning the country would have to spend more of its own money on defense.

As we can see, more and more countries and governments are looking at crypto as a way to circumvent sanctions. However, this raises an interesting question: with governments like South Korea, Russia, Germany, and France taking steps to tighten crypto regulations, how long will this method remain effective?