PANews reported on January 11 that according to The Block, Travis Hill, vice chairman of the Federal Deposit Insurance Corporation (FDIC), expressed the hope that federal agencies would take a more "open attitude" toward encryption technology and called for more guidance on digital assets. Hill also mentioned "Operation Choke Point" and called for an end to such practices. And re-evaluate the implementation of the Bank Secrecy Act to reduce the phenomenon of banks closing accounts due to high fines for insufficient compliance.