Policy risk can move $XRP before a bill ever reaches a signature Polymarket now prices the CLARITY Act being signed into law in 2026 at 16%, down 49%, with over $14M in market volume and a Dec 31, 2026 resolution date That is the market saying certainty is still expensive and delay is being priced in In our Academy, this is why regulation belongs in crypto research. Rules affect liquidity, listings, custody, and institutional comfort Low odds do not kill the story They make the repricing worth watching
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