Chinese Bank Freezes Accounts Over Cryptocurrency-Related Remarks

According to Foresight News, a report by China News Weekly reveals that a couple in China faced account restrictions after transferring 250 yuan to each other with the note 'Dogecoin this week' via China Construction Bank. This note triggered an investigation, leading to their accounts being locked. Recently, the couple received calls from bank staff to verify their relationship and the reason for the transaction note. The bank indicated that the note had activated a 'virtual currency control,' resulting in their accounts being set to a 'no deposit, no withdrawal' status source: https://www.binance.com/en/square/post/33601648946625?utm_source=BinanceNewsRSS