Major Credit Card Companies Will Soon Categorize Gun Store Purchases

The video discusses the recent involvement of credit card companies in classifying purchases from gun stores and ammunition shops separately from other purchases. This move, supported by advocates, aims to help banks identify suspicious activities more easily. However, critics fear it could lead to a national registry of gun purchasers. The initiative gained momentum with the support of Amalgamated Bank and was approved by an international standards organization. The classification will not track specific items purchased but will indicate where money was spent.

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