CVP recently announced that FIPS compliance is going to become a gating in the CY24 Q3 time frame (exact date TBD). CVP will block the release for all RH operator products and their currently supported versions that has the below annotation set to false.

features.operators.openshift.io/fips-compliant 

CVP has offered help to engage with the team to make their product FIPS compliant. There's also #forum-ocp-fips

[1] Original Announcement
[2] Slack Thread Discussion