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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GateUser-e51e87c7
· 01-17 12:42
The banks want to choke off again, Web3 is here to save the day, right?
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GasFeeCrying
· 01-15 16:18
Banks desperately defend their positions—are they really afraid of a revolution? Web3 is coming, and that's when they should truly be worried.
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AirdropHunter9000
· 01-15 01:11
The banks are panicking; finally, someone dares to move the cheese.
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BuyTheTop
· 01-15 01:11
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 It's high time to replace this outdated system with on-chain payments.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
· 01-15 01:06
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
· 01-15 00:54
Banks' guaranteed profits, give me a break. Web3 emerged to do exactly that.
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SchrodingerProfit
· 01-15 00:50
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.