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Bank Leumi to Offer Direct Bitcoin Trading Through Banking App in Israel by 2027

How 2 Israeli newsrooms covered this story — translated into English and compared side by side.

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First reported by Calcalist · 1 hour ago

What happened

Bank Leumi plans to launch a pioneering service in Israel by 2027, allowing customers to trade cryptocurrencies like Bitcoin directly through its banking app, pending regulatory approval. The service will initially offer a limited range of digital assets and operate within a regulated framework using infrastructure from Galaxy Digital.

01Bank Leumi will enable direct cryptocurrency trading via its banking app starting in 2027.
02The service requires Bank of Israel approval and will include Bitcoin, Ethereum, and Solana initially.
03Galaxy Digital and Galaxy Custody will provide the trading and custody infrastructure.
04This is the first time an Israeli bank integrates crypto trading within traditional banking.
05The move addresses anti-money laundering and fund source verification challenges.
06Full service details, including fees and asset range, are yet to be announced.

Summary translated & synthesized from the sources below by baba. Read each original for the full report.

In this story

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Ariel Feiglin