Bank of China responds to transfer note: Dogecoin is locked: high-risk detected, account will be set to 'no collection, no payment' status According to BlockBeats, on December 12th, according to China Newsweek, a few months ago, Ms. Yu and her husband transferred 250 yuan of pocket money to each other through China Construction Bank, with the note "Dog Coin of the Week", and were investigated and locked by the bank. Recently, the two received calls from staff members of China Construction Bank to verify their relationship and the reason for the transfer remarks. They claimed that the remarks triggered the "virtual currency control" and their accounts would be set to a "no collection, no payment" status. The staff of the account opening bank told Ms. Yu that to lift the ban, she needs to submit her husband's bank card statements for the past few months. After approval, she will write a commitment letter, promising that she will not participate in virtual currency transactions after the previous non virtual currency transactions. And her husband is negotiating with the staff of the bank where he opened the account due to strong opposition to directly restricting the use of the account. On December 10th, China Newsweek called the service hotline of China Construction Bank for consultation. The staff said that they had not received any information related to virtual currency control and suggested consulting relevant branches for specific information. Subsequently, China Newsweek consulted a branch of China Construction Bank in Tianjin, where Ms. Yu's account was opened, and the staff stated that they were not aware of the relevant situation. A staff member of a branch of China Construction Bank in Dalian, where her husband opened an account, stated that if the account involves virtual currency transactions, the bank will implement "no collection, no payment" control on the account. If the transfer remarks indicate "Dogecoin", materials must be provided to prove that the remarks are not related to virtual currency. But the problem lies in how to prove it. If only bank statements are available, they cannot be used as valid proof materials, so such controlled accounts cannot be unblocked and can only be cancelled. As for the specific regulations, the other party did not provide a clear response. Currently, Ms. Yu has submitted her husband's bank statements and handwritten commitment letter, and is applying to lift the account restriction; And her husband's bank staff replied that after submitting their marriage certificate, they can apply to lift the restrictions. According to Xinhua News Agency, on December 5, seven associations, including the China Internet Finance Association, jointly issued a risk warning, requiring all member units not to participate in the issuance and trading of virtual currency and real world asset tokens in China, and reminding the public to identify risks and stay away from illegal activities.