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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Chinese nationals are reporting that putting "Bitcoin," “Dogecoin” or “USDT” in the memo field of a transfer causes the account to be frozen.
Read more (2 min) →Tether apparently bought nearly $50M worth of commercial paper from a subsidiary of Masraf Al Rayan, a bank fined $4M by the FCA.