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๐Ÿ‡ฎ๐Ÿ‡น Another angle of today's horror in Modena, Italy.๐Ÿ‡ฎ๐Ÿ‡น An Italian citizen, followed by two other men, heroically stopped Salim El Koudri, the perpetrator of the car-ramming attack in #Modena, while he was armed with a knife.

The first man to intervene was injured by the assailant.
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BLOODY WEEKEND: Horror Footage Shows Intoxicated Morrocan Man Plowing Car Into Pedestrians in Italy, Stabbing Passerby Before Being Arrested โ€“ Several People Injured in Suspected Terror Attack

https://www.thegatewaypundit.com/2026/05/bloody-weekend-horror-footage-shows-intoxicated-morrocan-man/
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Today, in London the Crusades have begun
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HUGE MAGA VICTORY! RINO Sen. Bill Cassidy HUMILIATED and OUSTED โ€“ Finishes DEAD LAST in Louisiana GOP Senate Primary as Trump-Backed Julia Letlow and John Fleming Advance to Runoff

https://www.thegatewaypundit.com/2026/05/huge-maga-victory-rino-sen-bill-cassidy-humiliated/
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โœ… NCUA Proposed Rules for Stablecoin Issuers (May 2026)

What Happened
On May 15, 2026, the National Credit Union Administration (NCUA) released a proposed rule setting operational and risk management standards for credit union subsidiaries that want to become Permitted Payment Stablecoin Issuers (PPSIs) under the GENIUS Act.

This is part of implementing the GENIUS Act (passed July 2025), which created the first major federal framework for regulating private USD-backed payment stablecoins.

Key Points
Credit unions cannot issue stablecoins directly. They must do it through a separately licensed subsidiary that meets strict federal standards.

The new rules cover things like capital, liquidity, risk management, reserves, and operations โ€” and are designed to match standards being set for banks (OCC/FDIC).

Comment period ends July 17, 2026.

What GENIUS Act Actually Does
Creates a clear regulatory path for private companies and bank/credit union subsidiaries to issue stablecoins.

Requires 1:1 backing with USD or high-quality assets (like Treasuries).

Mandates strong AML/sanctions compliance.
Aims to make the U.S. competitive in stablecoins while protecting consumers and financial stability.

Not a government-issued CBDC ("digital dollar").
Paired With CLARITY Act
The CLARITY Act (Digital Asset Market Clarity Act) focuses on broader crypto market structure โ€” clarifying SEC vs CFTC rules, digital asset classifications, and registration for exchanges/brokers. Together, the two laws provide much clearer regulatory rails for stablecoins + digital assets.

Why It Matters
This is a significant step toward integrating regulated stablecoins and blockchain technology into the traditional banking/credit union system. It enables faster payments, tokenization, and on-chain settlement within a federally supervised framework.

It does not:
Replace the current financial system overnight
Solve U.S. debt issues
Create government digital dollars
On Metallicus / XPR Network
Companies like Metallicus (Metal Blockchain / XPR Network / TDBN) have been running credit union pilot programs specifically for stablecoins and compliant blockchain infrastructure. This regulatory clarity removes a major previous barrier and could accelerate partnerships in this space.

Bottom line: Real regulatory progress toward bringing stablecoins into mainstream U.S. finance via banks and credit unions โ€” with proper guardrails. It's evolutionary, not revolutionary.
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Democrats: voter IDs are racist
Also Democrats: the Blacks are too dumb to get IDs.
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