Based on previous comments, Thom Tillis has indicated they are very pro-cryptocurrency. Below you can view the tweets, quotes, and other commentary Thom Tillis has made about Bitcoin, Ethereum, and cryptocurrency innovation.
Despite Democrats’ desperate attempts to block it, we passed the GENIUS Act! This crucial stablecoin bill will help strengthen America’s efforts to remain on the cutting edge of financial innovation.
The GENIUS Act of 2025 proposes a regulatory framework for payment stablecoins. It defines permitted issuers (insured depository institutions, their subsidiaries, and approved nonbank entities) and mandates 1:1 reserve backing with specific high-quality assets. The bill outlines federal and state regulatory oversight options, sets requirements for customer asset segregation, and grants stablecoin holders priority in insolvency proceedings. It also clarifies that regulated payment stablecoins are not considered securities or commodities under various acts. The bill designates issuers as financial institutions under the Bank Secrecy Act, requiring compliance with AML, KYC, and sanctions regulations to prevent illicit finance and safeguard national security. It also reinforces U.S. leadership in digital finance by supporting innovation and ensuring the dollar remains competitive in a rapidly evolving global financial landscape.
The same Democrats who helped write and negotiate the bipartisan GENIUS Act stablecoin bill just voted against advancing it. They keep moving the goalposts instead of doing what they know is needed to ensure America remains on the cutting edge of financial innovation.
Senate Cloakroom
@SenateCloakroom
Not invoked, 48-49: Motion to invoke cloture on the motion to proceed to Cal. #66, S.1582, GENIUS Act.
A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Internal Revenue Service relating to "Gross Proceeds Reporting by Brokers That Regularly Provide Services Effectuating Digital Asset Sales".
For congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Securities and Exchange Commission relating to "Staff Accounting Bulletin No. 121".
This staff accounting bulletin expresses the views of the staff regarding the accounting for obligations to safeguard crypto-assets an entity holds for platform users.
Bipartisanship is essential for passage of any legislation to regulate cryptocurrency. Hear from @SenatorHick and @SenThomTillis on the path ahead for Congress.
bipartisanpolicy.org/event/crypto-c…
15 minute reminder: @p_mastrangelo sits down with @SenatorHick and @SenThomTillis on cryptocurrency, blockchain technology, and how a divided Congress could navigate the future of regulation.
Use #BPCLive to join the conversation. bpcdc.org/3IO8zJA
This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. Certain unregistered securities may only be offered to accredited investors. Specifically, the bill allows an individual to qualify through an examination established by the Securities and Exchange Commission (SEC), a state securities commission, or certain self-regulatory organizations.
15 minute reminder: