The Dutch financial group ING (INGA.AS) has confirmed that Bitfinex, one of the largest Bitcoin exchanges in the world by daily trading volume, has a bank account with Reuters reported Tuesday, February 20.

In an email addressed to Reuters, ING spokesman Harold Reusken confirmed that Bitfinex held a bank account with ING in the Netherlands. How Bitfinex managed its banking business since its separation from Wells Fargo last April is unclear, reports Reuters

The connection between Bitfinex and ING was first reported on Feb. 14 by the & # 39; Dutch press agency Follow the Money. According to Follow the Money, ING bank can not disclose the value of the Bitfinex account because of the privacy laws.

Reusken stated that ING was extensively testing Blockchain technology and was keen to cooperate with " companies that are in the cryptocurrency value chain ". However, he expressed some skepticism about cryptocurrencies, noting that ING customers can not buy or sell digital currency through the bank.

" With regard to companies active on the crypto-market, on January 30, 2018, Cointelegraph reported that Bitfinex Exchange and its sister company, the symbolic transmitter Tether, had received assignments from Commodity Futures Trading Commission of the United States (CFTC) for undisclosed reasons.

Earlier in the day, Cointelegraph reported that Bitfinex initiated the Bitcoin upgrade of separate cookies ( SegWit) to all customers, ahead of Coinbase, who plans to launch SegWit technology here next week.