The U.S. Congress is in the very early stages of making legislative progress for crypto oversight, with different ideas being reviewed for how much bipartisan support they can get, said Sen. Thom Tillis (R-N.C.).

“We’re going through that mechanical process right now,” Tillis said Wednesday at a Bipartisan Policy Center event in Washington. He said “all the ideas coming from various offices” are under that review, with an aim toward finding components that could clear a Congress split between the parties. Tillis sits on the Senate Banking Committee, which will have a key role in advancing any sort of crypto legislation.