Shea Levin — text status

Israel Discount Bank announced Wednesday that starting November 26, its customers will be able to trade Bitcoin and Ethereum directly through the bank's mobile app, making it the first Israeli bank set to offer cryptocurrency trading from inside a regular bank account. Customers can buy, hold and sell the coins without an outside exchange or a separate digital wallet. Sale proceeds go straight to the customer's account, and gains and losses can be offset against the rest of the investment portfolio for tax withheld at source. The bank stressed that crypto trading carries a high level of risk.