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Israeli Bank Leumi To Launch Bitcoin Trading

  • Leumi, by way of its digital investing platform Pepper Invest, seeks to be the primary Israeli financial institution to supply buying and selling of bitcoin and different cryptocurrencies.
  • Pepper has partnered with U.S.-based custody and buying and selling platform Paxos to launch the initiative, which is nonetheless pending approval.
  • Pepper is perhaps required to hint cryptocurrency transactions from buy till an eventual conversion to fiat foreign money, in accordance to the Bank of Israel.

Leumi Bank, by way of its digital platform Pepper Invest, will change into the primary Israeli financial institution to allow the buying and selling of cryptocurrencies, per a Friday press release.

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