Leading Republicans in the House have introduced the Digital Asset Market Clarity Act, a 236-page bill aimed at establishing a regulatory framework for digital asset markets. The bill grants the CFTC exclusive jurisdiction over digital commodity markets and outlines registration options for crypto platforms. It also mandates a study on decentralized finance (DeFi) and sets a one-year timeline for implementing market structure rules. The legislation reflects a bipartisan effort to provide clarity and regulation in the evolving crypto landscape.