What a great news for the crypto community of Israel,and the owner itself,Its a good start for the exchange that they have approval from the bank this exchange will surely get attention after this and will become a bigger exchange compared to what is it now.
Eventually we can perceive the community and acceptance of bitcoin and cryptocurrency will be huge following the positive news and updates concerning adoption of big entities or country. Basically, the banks are being threatening before, but right now, as cryptocurrency already proven its worth, banks have no way to outrun or disregard crypto, so they will going to make their way to associate their business to it as it is the only way to keep track of the growing technology of blockchain