Second Largest Israeli Bank Leumi Launching Cryptocurrency Trading
Israel’s second-largest bank, Leumi, is launching a cryptocurrency trading service to allow customers of its digital investment platform to trade cryptocurrencies. “The service will allow Pepper Invest customers to buy, hold, and sell cryptocurrencies.” Major Israeli Bank Launching Crypto Trading Service Pepper Invest, the digital investment platform of Pepper by Leumi (TASE: LUMI), announced Friday the upcoming launch of its cryptocurrency trading service. “Pepper will be the first banking platform in Israel … to allow its....
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Leumi will be the first Israeli bank to offer bitcoin and other cryptocurrency trading in partnership with Paxos, pending regulatory approval.
Pepper Invest users can now buy, sell, and hold Bitcoin and Ethereum subject to regulatory approval. Leumi Bank, one of the largest lenders in Israel, reportedly started to accept Bitcoin (BTC) and Ether (ETH) trading.According to a Thursday report by Reuters, Pepper Invest, Leumi's digital platform, partnered with blockchain infrastructure provider Paxos to launch crypto trading. Pepper Invest clients can now buy, sell and hold cryptocurrencies using the new service.The move will only support BTC and ETH before adding support for other crypto assets. In addition, the minimum transaction....
Switzerland’s largest online bank, Swissquote, is reportedly launching its own cryptocurrency trading platform. The company sees high demand for cryptocurrency trading. “Our compliance and customer service teams were almost overrun by the crypto rush.”
Switzerland’s Largest Online Bank to Launch Its Own Cryptocurrency Trading Platform
The largest online bank in Switzerland, Swissquote, is reportedly preparing to launch its own cryptocurrency trading platform.
Jan De Schepper, chief sales and marketing officer at Swissquote, told Finews.asia....
Earlier this week, the Israeli crypto exchange became the first crypto firm in the country to receive a license enabling it to work with local banks. Israeli-based crypto exchange Bits of Gold became the first crypto firm in the country to receive a license from the Capital Markets Authority according to social media posts from the company on Sept. 18.As a result of attaining the license, Bits of Gold will be able to store digital currencies through secured custody in a “Bits of Gold Wallet” they have been working on for some time. It will also start providing a service that enables banks....
According to a Reuters report, Leumi, the biggest banking institution in Israel, has enabled crypto trading. The first bank in this country to provide its users access to this nascent asset class, clients will be able to trade Bitcoin, Ethereum. Related Reading | What FUD? JP Morgan CEO Sees Crypto Going To $5 Trillion In order […]