Construction Bank Responds to "Dogecoin" Transfer Note Locking Card Incident: If an account involves virtual currency transactions, the bank will implement a "no deposit, no withdrawal" control

According to China News Weekly, recently a netizen experienced a card lock after noting "Dogecoin" in a transfer at Construction Bank. The complainant, Ms. Yu, stated that a few months ago she and her husband transferred 250 yuan to each other through CCB, with the note "This week's Dogecoin." Recently, both received calls from CCB staff, who said that the note triggered "virtual currency control," and the account was set to "no deposit, no withdrawal" status.

CCB staff required submission of bank statements and a letter of commitment to unfreeze the account, promising that it was not related to virtual currency transactions. A staff member at a CCB branch in Dalian said that if the transfer note mentions "Dogecoin," proof materials must be provided to show no relation to virtual currency, but such controlled accounts are usually not unlockable and can only be closed. CCB customer service hotline stated that accounts flagged as high risk may be "locked."

Ms. Yu has already submitted relevant materials to request lifting the restriction. Previously, on December 5, the China Internet Finance Association and six other associations jointly issued a risk warning, requiring no participation in virtual currency issuance and trading activities.