Bank Leumi to Relaunch Bitcoin Trading Services by 2027

Bank Leumi is moving forward with plans to offer Bitcoin trading to its clients. This marks a major return to the digital asset space following a failed attempt in 2022. The bank previously hit a wall when the Bank of Israel blocked its initial proposal to integrate crypto services.

Changes in the regulatory environment are now paving the way for this project to move ahead. By adopting a softer stance, authorities appear more open to institutional involvement in crypto. The bank plans to use custody technology provided by Galaxy to manage the assets safely.

This shift is part of a broader trend of traditional financial institutions warming up to digital assets. If the launch goes as planned in early 2027, it could mark a significant shift for banking in the region. Traders will be watching to see how the bank structures its offerings and if other institutions follow suit.