Israel Discount Bank to open Bitcoin and Ethereum trading in its app starting November 26

Odaily reports: Israel Discount Bank will allow individual customers to buy, hold, and sell Bitcoin and Ethereum within its banking app starting November 26, without the need to open a separate digital wallet or an account on an overseas exchange. The bank says this is a first for Israel's banking industry. The service is available to Israeli residents aged 18 and above who have opened a securities account, with a fee of 2% of the transaction amount per trade; custody fees will be waived for the first six months after launch, after which a 0.25% fee will be charged quarterly. The custody infrastructure is provided by Fireblocks.