Israel’s Largest Bank Will Give Bitcoin Trading Another Try
60-second summary
Bank Leumi, Israel's largest bank, is reviving its Bitcoin trading plans, a move initially blocked by the Bank of Israel in 2022. With a softer regulatory stance and Galaxy's custody services in place, Leumi is set to relaunch its Bitcoin trading in early 2027, potentially paving the way for greater mainstream adoption of cryptocurrencies in the Israeli market.
Bank Leumi's 2022 attempt died at the Bank of Israel. A softer regulatory line and Galaxy's custody stack now give it another shot in early 2027.