Summary
TLDR: Senator Tillis is open to working with the Treasury Department to create regulations addressing concerns without going too far, aiming for a balanced approach.
Key Points
1. Senator Tillis is open to working with the Treasury Department to address concerns and potentially implement regulations in Congress.
2. He wants to find a middle ground that is not as extreme as some of his colleagues’ proposals, but also not as unregulated as the current state of affairs in the cryptocurrency market.
3. Tillis emphasizes the need for regulations to bring stability and structure to the cryptocurrency industry.