On Friday, Trump announced plans to cap credit card interest rates at 10% for one year, though he didn't elaborate on the specifics. The move signals potential pressure on the financial sector and could reshape consumer lending dynamics. For crypto traders, this kind of monetary policy shift matters—it affects how traditional finance operates and shapes broader economic sentiment. Worth watching how markets respond to this regulatory intervention.
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LightningLady
· 18h ago
A 10% cap? That's hilarious. How many years would it take to actually implement it?
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BearMarketNoodler
· 18h ago
The issue with the interest rate cap, they haven't clarified the details and just want to attract attention—typical political maneuvering. Traditional finance is being squeezed out, which might actually be good news for us.
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OnChainArchaeologist
· 18h ago
Credit card interest rates capped at 10%. Traditional finance is about to shake up. How will this affect liquidity in the crypto space?
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MEVictim
· 18h ago
Interest rate cap? Now traditional finance is getting nervous, while our crypto circle is just watching the show.
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ser_we_are_early
· 18h ago
10% cap? That's ridiculous. How do banks make money? Haha
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SchroedingerMiner
· 18h ago
A 10% interest rate cap? Is this guy trying to kill the banks or please retail investors? Truly remarkable.
On Friday, Trump announced plans to cap credit card interest rates at 10% for one year, though he didn't elaborate on the specifics. The move signals potential pressure on the financial sector and could reshape consumer lending dynamics. For crypto traders, this kind of monetary policy shift matters—it affects how traditional finance operates and shapes broader economic sentiment. Worth watching how markets respond to this regulatory intervention.