Israel bank crypto trading: Bank Leumi to launch BTC/ETH/SOL in 2027
Bank Leumi announced an Israel bank crypto trading rollout for retail users in early 2027, pending Bank of Israel approval. About 2.5 million Leumi and PEPPER users will be able to trade Bitcoin (BTC), Ether (ETH) and Solana (SOL) in a secured section of the Leumi Trade app.
The exchange setup uses Galaxy’s GalaxyOne Institutional trading platform, with custody provided by Galaxy custody infrastructure (formerly GK8). This is a second attempt: a 2022 plan stalled after Bank of Israel blocked approvals for the prior Paxos-related route.
The latest update highlights why odds have improved. Since mid-2026, regulators have eased parts of the framework for crypto-linked deposits and reduced blanket restrictions on licensed providers. Leumi also benefits from clearer capital and wallet-security expectations for non-custody vs custody models, plus a draft approach that may allow trading of leading assets (up to the top 50 by market cap, with a $500m threshold).
For crypto traders, this Israel bank crypto trading could be supportive for BTC, ETH and SOL long-term, but near-term price impact may stay modest until approvals and operational details are confirmed.
Neutral
Both articles point to a potentially constructive development for BTC/ETH/SOL access in Israel, but the effect on prices is conditional. The service is not scheduled to start until early 2027 and remains subject to Bank of Israel approval and final regulatory details. The earlier 2022 attempt failed for regulatory reasons (Bank of Israel blocking approvals), so traders should expect delays and headline risk rather than an immediate, guaranteed demand catalyst.
At the same time, the later article adds that the regulatory environment has improved: eased deposit handling for certain crypto-origin funds, clearer standards for licensed providers, and a broader framework that may permit trading leading digital assets under defined thresholds. That increases the probability of eventual launch and could support longer-term sentiment.
Net impact on the mentioned coins (BTC, ETH, SOL): near-term likely neutral, with upside becoming more tangible only after approvals and confirmed operational readiness.