No, it's not. The scenario you describe is irrelevant to this issue. Chase is blocking cash deposits to accounts that don't have your name on them.

There is simply no benign reason for a bank to do this, or for a government to request/demand it. It points to a crackdown on using cash in general and/or using banks as a facilitator of cash transfers (like plenty of parents do for children, spouses do for each other, friends for one another, etc.)

And to think, there are folks who want to dilute the privacy of bitcoin because they're so eager to be in compliance with governmental wishes. Some people just can't see the writing on the wall.