Trump calls for a 10% cap on credit card interest, raising debates on consumer finance and policy. Banks warn that limits could tighten credit and reduce rewards. Bitcoin may benefit as a hedge against financial uncertainty if trust in traditional finance weakens. U.S. President Donald Trump has stirred debate over consumer finance by suggesting a one-year limit on credit card interest rates of 10%. He says the move would combat unfair lending by big banks. Even though the plan may face legal and political challenges, it could still affect Bitcoin and the broader crypto market. Political Signal More Than Policy Notably, Trump’s announcement, made via social media, did not include details on enforcement or legislative backing. Experts say a credit card interest cap would require Congress’s approval. Moreover, banks have said it could limit access to credit… Read The Full Article Trump Targets Credit Card Rates: What This Means for Bitcoin On Coin Edition .
