Israel Discount Bank to Launch Crypto Trading on November 26

Israel Discount Bank (TASE: DSCT) said Wednesday that it will begin allowing customers to trade cryptocurrencies from November 26. The move makes the lender one of the latest financial institutions to connect traditional banking services with digital-asset markets, according to the announcement.

Under the plan, clients will be able to trade Bitcoin and other digital currencies through the bank. The service is aimed at investors who want crypto exposure while holding accounts at a regulated institution. Discount Bank did not provide further details in the initial statement, including fees or the full list of supported coins.

Banks worldwide have been weighing how to respond to customer interest in digital assets. Some have launched custody or trading services, while others have stayed on the sidelines because of regulatory and risk concerns. Discount Bank's announcement signals a willingness to enter the market as demand evolves.

The November 26 start date gives the bank several weeks to prepare systems and customer communications. It also puts Discount Bank among Israeli banks testing crypto-related offerings. Further product details and any limits on trading were not disclosed in the announcement.