Share this article
ING Bank: Customers Not Blocked From Buying Bitcoin
A spokesperson for ING Group has clarified that its customers are able to buy bitcoin via company bank accounts.
By Pete Rizzo
Updated Sep 11, 2021, 11:46 a.m. Published Jul 17, 2015, 1:41 p.m.
A spokesperson for ING Group has clarified its customers are able to buy bitcoin via company bank accounts, despite conflicting statements from one of its social media representatives.
The statements follow a period of speculation about the Dutch multinational banking and financial services company's policies following ING's assertion that it was blocking bitcoin purchases from user accounts.
STORY CONTINUES BELOW
Don't miss another story.Subscribe to the Crypto Daybook Americas Newsletter today. See all newsletters
A spokesperson for the company indicated yesterday that it was not possible for ING users to attempt to acquire bitcoin using their accounts due to the "increased risk of fraud" associated with the transactions.
That statement was later retracted in comments to CoinDesk:
"Our bitcoin policy, it is very simple, ING customers can buy bitcoins with their ING bank account."
Company representatives on Twitter have also since clarified the matter.
Nonetheless, the comments are some of the first statements from ING regarding its bitcoin policy, though it had previously addressed the subject in its corporate materials.
ING boasts 32 million private and institutional clients, earning €1.3bn in retail banking and €739m from its commercial banking activities in Q1 2015.
Image credit: Tupungato / Shutterstock.com
More For You
L1 tokens broadly underperformed in 2025 despite a backdrop of regulatory and institutional wins. Explore the key trends defining ten major blockchains below.
What to know:
2025 was defined by a stark divergence: structural progress collided with stagnant price action. Institutional milestones were reached and TVL increased across most major ecosystems, yet the majority of large-cap Layer-1 tokens finished the year with negative or flat returns.
This report analyzes the structural decoupling between network usage and token performance. We examine 10 major blockchain ecosystems, exploring protocol versus application revenues, key ecosystem narratives, mechanics driving institutional adoption, and the trends to watch as we head into 2026.
More For You
Bitcoin slips below $88,000 as traders brace for $28.5 billion Deribit options expiry
Crypto continues to lose ground ahead of this week's record options expiration, while defensive positioning and thinning liquidity suggest caution into 2026.
What to know:
- Bitcoin and crypto prices moved steadily lower in U.S. Monday afternoon trading.
- Over $28.5 billion in bitcoin and ether options are set to expire Friday on derivatives exchange Deribit, the largest expiry in its history.
Top Stories
