Major financial institutions are pushing back on proposed credit card rate caps, signaling they'll explore every possible avenue to resist. According to industry sources, traditional banks view such regulatory measures as threats to their business models and are gearing up for counter-strategies. The stance reflects broader tension between government intervention in financial markets and institutional interests. With everything potentially on the negotiating table—from compliance restructuring to policy lobbying—the finance sector is bracing for a prolonged battle. This kind of regulatory friction increasingly mirrors dynamics in decentralized finance, where protocols similarly navigate between innovation freedom and compliance requirements. Market observers are watching closely as these policy debates could reshape credit market structures and borrowing accessibility across multiple financial ecosystems.
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BoredWatcher
· 2h ago
Ha, here we go again. I'm tired of the traditional finance playbook. Are they still stubbornly resisting regulation? I suggest they learn from how the defi folks operate.
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AltcoinHunter
· 3h ago
It's the same old trick in traditional finance—once the interest rate cap is mentioned, there's fierce resistance. Basically, they're just afraid of losing the huge profit margins... It's really interesting how similar the scripts of CeFi and DeFi are, both torn between compliance and freedom. But this time, I bet DeFi will end up laughing the hardest, after all, no one can regulate code.
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YieldChaser
· 3h ago
Banks are shifting the blame again. As soon as they hear about interest rate controls, they throw a fit... Isn't this just the old trick of traditional finance?
Major financial institutions are pushing back on proposed credit card rate caps, signaling they'll explore every possible avenue to resist. According to industry sources, traditional banks view such regulatory measures as threats to their business models and are gearing up for counter-strategies. The stance reflects broader tension between government intervention in financial markets and institutional interests. With everything potentially on the negotiating table—from compliance restructuring to policy lobbying—the finance sector is bracing for a prolonged battle. This kind of regulatory friction increasingly mirrors dynamics in decentralized finance, where protocols similarly navigate between innovation freedom and compliance requirements. Market observers are watching closely as these policy debates could reshape credit market structures and borrowing accessibility across multiple financial ecosystems.