A proposal to cap credit-card interest rates at 10% and slash swipe fees has ignited fierce tensions across Washington. Banks are digging in their heels while retailers and lawmakers push back hard. This regulatory battle reveals deeper rifts in how the financial system manages costs and access—dynamics that matter beyond traditional banking when we think about alternative finance solutions and payment innovation.
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AirdropHunter9000
· 4h ago
The banks are panicking; finally, someone dares to move the cheese.
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BuyTheTop
· 4h ago
Banks are about to be exploited again. How much longer can they last this time? It's high time to replace this outdated system with on-chain payments.
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SneakyFlashloan
· 4h ago
Banks are refusing to budge, this is getting interesting... Traditional finance is like this; only when pushed to the limit do they consider reform. When will Web3 payment solutions truly take off?
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Rugman_Walking
· 5h ago
Banks' guaranteed profits, give me a break. Web3 emerged to do exactly that.
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SchrodingerProfit
· 5h ago
The traditional banking arbitrage rate system should have been changed a long time ago. Giving a 10% cap is already showing some face.
A proposal to cap credit-card interest rates at 10% and slash swipe fees has ignited fierce tensions across Washington. Banks are digging in their heels while retailers and lawmakers push back hard. This regulatory battle reveals deeper rifts in how the financial system manages costs and access—dynamics that matter beyond traditional banking when we think about alternative finance solutions and payment innovation.