**News Flash: Federal Reserve Targets Crypto-Friendly Bank**

The Federal Reserve has issued a cease and desist order against United Texas Bank, citing major compliance issues related to foreign correspondent banking and virtual currency customers. This move has reignited concerns about "Operation Choke Point 2.0," suggesting ongoing government efforts to restrict cryptocurrency businesses. Critics argue that this action, along with other recent measures, indicates a continued crackdown under the Biden administration. Despite hopes for a shift in policy with a potential Harris-Walz administration, there has been no clear stance from Vice President Harris on cryptocurrency regulation.