ChainCatcher reported this on 12 November 2026 at 02:07 (UTC+8). Citing a disclosure on Israel’s Discount Bank website, the notice said that from 26 November the bank would let individual customers buy, hold, and sell bitcoin and ethereum directly in the bank app. Customers would not need to open a separate digital wallet or an account at an overseas exchange. The report described the service as a first for Israeli banking.
The service is limited to Israeli residents aged 18 or older who have opened a securities account.
Each trade is charged a fee of 2% of the transaction amount. Custody fees are waived for the first six months after launch, then charged at 0.25% per quarter.
The notice says Fireblocks provides the custody infrastructure for the assets. The path it describes runs from an eligible customer, through the Discount Bank app, to bitcoin or ethereum that the customer buys, holds, or sells there, with custody infrastructure supplied by Fireblocks rather than through a separately opened wallet or a foreign exchange account. The source does not state key control, on-chain settlement, or any cross-chain route, so those terms are not established. Nothing in the report calls the arrangement trustless.
Original article: ChainCatcher.
