
The U.S. Federal Reserve's enforcement action against Customers Bank, a crypto-friendly institution, has raised doubts about Vice President Kamala Harris' commitment to improving relations with the cryptocurrency industry. Tyler Winklevoss, co-founder of Gemini, criticized the move as part of "Operation Choke Point 2.0," suggesting it reveals the Fed's control over crypto banking access and casts suspicion on Harris' crypto "reset" efforts. Cardano founder Charles Hoskinson echoed these concerns, warning that the current administration's hostile stance towards crypto would likely continue under Harris. This action comes during a challenging period for crypto-focused banks in the U.S., with several institutions failing earlier this year. Source: Cointelegraph