Israel Discount Bank has announced plans to let customers buy, hold, and sell Bitcoin and Ether through its mobile app from Nov. 26, with tax handling built into their investment accounts.
Summary
- Two cryptocurrencies will be available to eligible adult customers through Discount’s existing banking app.
- Six months of account management fees will be waived, but trading rates remain undisclosed.
- Fireblocks will provide infrastructure for assets held in bank wallets, with sale proceeds credited directly.
- Discount’s scheduled launch would precede Bank Leumi’s planned crypto trading service in early 2027.
Globes reported on Nov. 11 that the service will bring…
