#加密货币监管 Transfer note "Dogecoin" was locked by the bank, this operation is really extraordinary. Even 250 yuan pocket money can trigger virtual currency restrictions, and now the attitude towards the crypto circle in China is indeed at a new high.

The key is that the unblocking process is absurd—requiring submission of bank statements, writing a commitment letter, and proving that the three characters "Dogecoin" are unrelated to virtual currencies. How to prove that? Basically, it’s impossible to prove, forcing users to admit defeat. Some branches even say they can only close the account, which is very rigid.

However, judging from the joint risk alerts issued by the association and the strict checks by major banks, this wave of control is indeed organized and planned. It shows a zero-tolerance attitude towards virtual currency transactions. This will definitely be a significant blow to the crypto ecosystem—domestic banking channels are being cut off, and it may become increasingly difficult in the future.

I advise everyone to stay low-key, at least avoid mentioning coins in transfer notes to prevent accidental harm. This situation looks quite frustrating, but it also indicates that rules are tightening, and we need to learn how to operate in this new environment.