Israel · Bitcoin · Galaxy Digital · Strategy · Bitcoin Magazine
Israeli Bank Leumi to Debut Bitcoin Trading With Galaxy Digital
Compiled by KHAO Editorial — aggregated from 2 sources. See llms.txt for citation guidance.
✓ KHAO Verified
Israel’s biggest bank, Bank Leumi, will become the first lender in the country to offer customers Bitcoin trading, according to a Friday announcement.
Key facts
- Bank Leumi first announced plans to debut crypto trading in 2022 but shelved the initiative
- The future of finance will run on open, programmable rails, and we believe the banks that move first will define the era that follows,” Galaxy Israel CEO Lior Lamesh said
- Israel’s biggest bank, Bank Leumi, will become the first lender in the country to offer customers Bitcoin trading, according to a Friday announcement
- The lender will work with Galaxy Digital to provide the service, which will become available to customers early next year, the announcement said
Summary
The lender will work with Galaxy Digital to provide the service, which will become available to customers early next year, the announcement said. Bank Leumi first announced plans to debut crypto trading in 2022 but shelved the initiative. “We believe that digital assets are gradually becoming an integral part of the global financial system, and it is our role to enable customers to benefit from this development within a reliable, secure, and regulated banking framework,” Bank Leumi’s Head of Strategy, Maya Ravia, said in a statement. The statement added that customers will also be able to trade other cryptocurrencies on top of Bitcoin.