Chinese banks freeze accounts over crypto memos

Chinese nationals are reporting that putting “Bitcoin,” “Dogecoin” or “USDT” in the memo field of a transfer causes the account to be frozen.

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This episode is 2 minutes long.

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This episode was published on March 2, 2026.

What is this episode about?

Chinese nationals are reporting that putting “Bitcoin,” “Dogecoin” or “USDT” in the memo field of a transfer causes the account to be frozen.

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