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Pressure Mounts for Land Law: A Sector of the UCR Opposes and Seeks to Convince Senators
The National Committee of the UCR is working to convince its party senators to vote against the reform of the law that sets limits on the sale of land in foreign hands. The session to vote on the initiative is next Thursday, and La Libertad Avanza does not have guaranteed votes.
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Polymarket traders now put the odds of the Clarity Act becoming law in 2026 at 37% — down from a peak of 82% back in February. The drop matters most for XRP, since the bill would codify XRP's commodity classification into law, the exact legal footing that institutional custodians and ETF issuers have been waiting on. With Senate leadership confirming there won't be a floor vote before the August recess, the bill's best window this year may already be closing.
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