🚨NEW: Republican/industry roundtable just wrapped. Per a source inside the room, the convo was “very chill,” with lots of talk about wanting to come back to the table and work with Gillibrand and other Dems. The room was said to be in general agreement that the legislation should be strong on AML/BSA and illicit finance, with the biggest concern being how to define DeFi and, by extension, how to regulate it. Two suggestions came up: 1.Focus regulation on intermediaries, not protocols. 2.Lock Republicans, Democrats, and industry leaders in a room for 3 hours to go through the bill line by line and surface concerns. More to come.(Eleanor Terrett)