Israel’s Leumi Bank recently launched a crypto trading platform powered by PaxosGlobal, and currently operates limited trading of BTC and ETH. The bank expects to go mainstream after expected regulatory approval.
by Reuters, Pepper Invest, Leumi's digital platform, has partnered with blockchain infrastructure provider Paxos to launch crypto trading. Pepper Invest clients can now buy, sell and hold cryptocurrencies using the new service.
There is currently no start date announced, and the new move is pending regulatory approval. The report highlighted that: Banks in many countries were previously hesitant to accept BTC and other cryptocurrencies, but that situation changed as the demand from corporations and individual customers increased. Regulators have also shifted their attention away from outright bans and toward the development of a regulatory framework.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BTC/USD Forecast: Bitcoin Bounces from 50-Day EMABitcoin initially fell on Wednesday to reach down towards the 50-day EMA.
Read more »
BTC, ETH, and XRP Price Analysis for March 24Can XRP keep up with the growth of other top coins? crypto Ethereum ETH $ETH cryptoexchange VitalikButerin ethereum XrpYoyo ANT159694954 nuonrg WillyWonkaXRP RippleXrpie boncryp
Read more »
Here’s why Bitcoin bulls will defend $42K ahead of Friday’s $3.3B BTC options expiryBulls don't give up, especially with $3.3 billion BTC on the line this Friday. As the Bloomberg Commodity Index gained 29% in the Bitcoin is still down 11% in the same period.
Read more »
Bitcoin Tops $44K Amid Rumors of Terra's LFG Accumulating BTCLuna Foundation Guard's unconfirmed bitcoin purchases seem to have stirred interest in the top cryptocurrency. reports godbole17
Read more »
Did rapper YG just flex a $30M BTC stack in his new music video?YG’s supposed BTC holdings could just be a crafty bit of product placement, as a cold storage USB device from crypto wallet provider Ledger is featured in the video.
Read more »
How Luna’s Plan to Buy $3B Worth of BTC Is Affecting the MarketAs rumors circulate of the Luna Foundation Guard’s plan for a new BTC-backed UST stablecoin, Christine Lee presents on-chain data showing that $125 million worth of tether was moved out of a Gnosis safe address, along with another similar transaction to a Binance account. Lee discusses how Terraform Labs Co-founder Do Kwon’s plan to eventually purchase $10 billion in BTC could impact the crypto markets.
Read more »