New Interest Rate Cap on Credit Cards: What You Need to Know

The latest policy proposal is capping credit card interest rates at 10% for a one-year period. While this sounds like good news on the surface, the real impact depends on how the broader financial system adapts.

For everyday users, lower interest rates could mean less debt burden. But here's the catch—lenders might tighten credit conditions or adjust their risk strategies elsewhere. In the traditional finance world, policy shifts like this ripple through multiple layers of the economy.

Why does this matter to the crypto space? Economic policy directly influences how capital flows, investor sentiment, and overall market conditions evolve. When traditional finance tightens, alternative assets often see increased attention.

The key question: How will financial institutions respond to compressed margins? Will they pass savings to consumers, or adjust underwriting standards? Time will tell how this plays out across the broader financial landscape.