House bills with bipartisan support would direct regulators to examine new ways to oversee digital assets and protect them from manipulation, as some lawmakers strive to make financial technologies more mainstream.

One bill would direct the Commodity Futures Trading Commission, consulting with the Securities and Exchange Commission and other agencies, to report to committees including Senate Banking and House Financial Services on how cryptocurrencies are regulated in the U.S. and other countries and detail the benefits of cryptocurrency and blockchain technology.

That bill and a second were introduced by Rep. Darren Soto, D-Fla. Reps. Ted Budd, R-N.C. and Warren Davidson, R-Ohio, are cosponsors of the two measures.

Soto’s regulation bill would seek to clarify which virtual currencies qualify as commodities and provide an optional regulatory structure for virtual currency spot markets that includes federal licensing, market supervision and other protections.

Virtual currency, according to the bills, is defined as a digital representation of value that doesn’t have legal tender status and functions as a medium of exchange, a unit of account or a store of value.