BlockBeats News, December 12th, according to China Newsweek, several months ago, Mrs. Yu and her husband transferred 250 yuan pocket money to each other through the China Construction Bank, with the note “Dogecoin this week,” triggering a bank investigation and account lock. Recently, the couple received phone calls from CCB staff to verify their relationship and the reason for the transfer note, stating that the note triggered “virtual currency control,” and their account would be set to a “no collection, no payment” status.
The bank staff told Mrs. Yu that to unlock the account, she needs to submit her husband’s bank card transaction records for those months, pass the review, and then write a commitment letter stating that the previous transactions were not related to virtual currency and there will be no future virtual currency transactions. Her husband, on the other hand, strongly opposed the account restriction and is currently negotiating with the bank staff.
In response, on December 10th, China Newsweek called the China Construction Bank hotline for inquiry. The staff mentioned that they had not received any information regarding virtual currency control and suggested inquiring at the relevant branch for specific details. Subsequently, China Newsweek consulted a CCB branch in Tianjin, where Mrs. Yu’s account was opened, and the staff mentioned they were unaware of the situation.
However, the staff at the CCB branch in Dalian, where her husband’s account was opened, stated that if the account is involved in virtual currency transactions, the bank will impose a “no collection, no payment” control. If the transfer note mentions “Dogecoin,” evidence must be provided to prove that the note is not related to virtual currency. The challenge lies in how to provide this proof; if only bank statements are available, they cannot serve as valid proof, rendering these restricted accounts unable to be unlocked and can only be closed. As for the specific regulations, the staff did not provide a clear response.
Currently, Mrs. Yu has submitted her husband’s bank statements and a handwritten commitment letter and is in the process of applying for the account restriction to be lifted; meanwhile, the bank staff at her husband’s branch replied that once the two submit their marriage certificate, they can apply to have the restriction lifted.
According to Xinhua News Agency, on December 5th, the China Internet Finance Association and seven other associations jointly issued a risk warning, requiring all member units not to participate in domestic virtual currency, real-world asset token issuance, and trading activities, and reminded the public to discern risks and stay away from illegal activities.
