2026-01-13 13:45:12

A major US financial institution recently flagged concerns over proposed credit card rate restrictions. The proposal to impose a 10% ceiling on credit card rates has sparked debate among banking executives. According to statements from the bank's leadership, such regulatory measures could significantly reshape their business model and operational strategy. The concern centers on how rate caps might reduce profitability while potentially limiting credit availability for consumers. Industry observers note that this reflects broader regulatory discussions around balancing consumer protection with financial system stability. The debate highlights ongoing tensions between government intervention and market dynamics in traditional finance—a contrast worth noting as the crypto and DeFi sectors continue developing alternative lending models.

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HashBrownies

· 01-15 12:44

Coming back with this again? I really don't buy the banks crying poverty... A 10% interest rate cap is just a drop in the bucket for them, and they still insist it will affect consumer lending... The real intention isn't about the impact, frankly it's about protecting their own profit margins. DeFi has been doing this for a long time, and it's still thriving.

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BugBountyHunter

· 01-13 14:15

Here comes another old trick from traditional finance... 10% interest rate cap? Banks are starting to play the victim again, claiming they need to reduce profits and that consumers can't borrow money. It's hilarious. When compared to the transparent mechanisms in DeFi, it's obvious who is playing word games.

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RektRecovery

· 01-13 14:15

lmao banks crying about rate caps while defi's been running unsecured loans at 50%+ apr for years... truly the natural selection of financial systems at work here

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BrokeBeans

· 01-13 14:12

Is it that same old tune again, with banks claiming losses and consumers having to pay the price? Isn't DeFi attractive?

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GasFeeCrying

· 01-13 13:59

NGL, traditional financial regulation methods should have been changed a long time ago, but is the 10% cap a bit harsh... Anyway, after DIFi comes out, banks really don't care about this small matter.

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SatoshiHeir

· 01-13 13:57

It should be pointed out that the traditional financial system's interest rate regulation tricks are essentially the arrogance of centralized power. Let's return to the original thinking of Satoshi Nakamoto's white paper: a peer-to-peer electronic cash system fundamentally does not need this kind of false "protection"—on-chain data never lies.

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CodeSmellHunter

· 01-13 13:55

Here we go again, banks are shouting about bankruptcy, consumers are crying foul, and the 10% interest rate cap has truly become a hot potato... If this were DeFi, it would have been automated long ago. Centralized institutions just love to play this tug-of-war game.

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