The idea of capping credit card interest rates at 10% for a year is back on the table, thanks to a push from the President. This proposal, which was part of his campaign promises, has sparked a heated debate. On one side, there are those who believe it could save Americans a significant amount of mo
A prominent investor has raised concerns about a recent proposal to limit credit card interest rates. Bill Ackman, the CEO of a major investment firm, took to social media to criticize President Donald Trump's suggestion of a temporary 10% cap on credit card interest rates. Ackman argued that such
President Donald Trump recently proposed a temporary 10% cap on credit card interest rates. This idea was shared on his social media platform, Truth Social. He wants this cap to start on January 20, which is the one-year mark of his return to the White House. However, he didn't explain how this cap
CoinFlip, a digital asset company, has introduced a new way for employees to invest in cryptocurrencies. This program lets workers put money directly from their paychecks into crypto. It's a simple way to buy Bitcoin, Ether, Solana, and other digital currencies. The minimum amount to start is just $
During the festive season, while many were celebrating, hundreds of investors faced a grim reality. An Australian court ordered the shutdown of NGS Crypto, a company that promised a secure crypto-based retirement plan. The court's decision came after liquidators found only a small fraction of the es
Amplify ETFs has introduced two new funds that let investors bet on the companies powering blockchain technology, rather than the cryptocurrencies themselves. The Amplify Stablecoin Technology ETF (STBQ) and Amplify Tokenization Technology ETF (TKNQ) began trading recently. These funds invest in com
Regulators have a tough job. They need to make sense of tons of data from banks. This data is detailed and comes in many forms. The goal is to see how banks are alike or different. They look at things like size, loans, and how banks make money. But there's a problem. Not all banks report the same d
Japan is stepping into the digital currency arena with a new yen-denominated stablecoin. This isn't just any digital currency; it's designed for big players in the financial world. Startale Group and SBI Holdings have teamed up to make this happen. The plan is to create a stablecoin that's fully re
Custodia Bank, a financial institution specializing in crypto, is not giving up easily. They just took a big step by asking all the judges in the Tenth Circuit Court to take another look at their case. The case is about getting a master account with the Federal Reserve, which they were denied. This
Big banks in the U. S. are facing a lot of questions lately. People are wondering if these banks are being fair when they close accounts. This is called "debanking. " It's a big deal because it affects many businesses and individuals. The government is paying close attention. They want to make sure
