Proposed CLARITY ethics deal could save Trump millions in taxes: Bloomberg

cointelegraphPublicado em 2026-08-07Última atualização em 2026-08-07

Resumo

A bipartisan ethics proposal linked to the U.S. crypto market structure bill could provide President Trump with a major tax benefit, Bloomberg reports. The unpublished addendum, aimed at addressing Democratic concerns over Trump's crypto conflicts, would require him to divest from crypto-related businesses but reportedly allow him to defer capital gains taxes on those sales, potentially saving millions. This tax deferral may itself become a point of contention for Democrats questioning if the proposal truly curbs his financial interests. The report follows Trump's 2025 financial disclosure, which showed $1.4 billion in income last year from crypto ventures, primarily from memecoin royalties and his family's DeFi platform.

A bipartisan ethics proposal pitched to US President Donald Trump to secure passage of the crypto market structure bill in Congress could create a significant tax benefit for the president, Bloomberg reported Thursday.

The ethics addendum, which has not been made public, includes a provision requiring the president to divest from crypto-related businesses, according to people familiar with the matter. The proposal would reportedly allow Trump to defer capital gains taxes on any required divestitures, potentially leading to tax savings in the millions.

Democratic concerns over Trump’s crypto conflicts have been a central obstacle to passing the market-structure bill. Senators have been working on an ethics addendum meant to break that impasse, though the reported tax-deferral benefit could become another point of contention for Democrats to question whether the president’s financial interests are genuinely curbed.

Cointelegraph reached out to the White House for comment but did not receive an immediate response.

Related: US Senate pushes CLARITY Act vote to September: Report

Trump’s annual financial disclosure report for 2025, released at the end of June, revealed the US president saw $1.4 billion in income from crypto-related ventures last year.

According to the 927-page disclosure, the licensing and sale of memecoins such as Official Trump (TRUMP) generated the most income for Trump, with about $635 million coming from “royalties” in a “license agreement with Celebration Coins.”

Meanwhile, the Trump family’s DeFi platform, World Liberty Financial, was the second-biggest earner, generating about $588 million from “proceeds from token sales.”

The disclosure also revealed that Trump earned $197 from the sale of an equity interest in a stablecoin venture.

Meanwhile, disclosures on World Liberty’s website show that DT Marks DEFI LLC, an entity affiliated with Trump and certain family members, owns “approximately 38% of the equity interests” in World Liberty’s parent company.

Magazine: CLARITY hopes fade, BitMEX shuts as lawsuit looms: Hodler’s Digest, July 26

Perguntas relacionadas

QWhat is the primary tax benefit that the proposed CLARITY ethics addendum could provide to President Trump according to the Bloomberg report?

AThe proposed ethics addendum could allow President Trump to defer capital gains taxes on any required divestitures from crypto-related businesses, potentially saving him millions in taxes.

QWhy have Democratic concerns over Trump's crypto interests been a central obstacle to passing the crypto market structure bill?

ADemocratic concerns over Trump's crypto conflicts of interest have been a central obstacle, as they question whether his financial interests are genuinely curbed, which is necessary for the bill's passage.

QAccording to Trump's 2025 financial disclosure, what was the largest source of his income from crypto-related ventures?

AAccording to the disclosure, the largest source of income was from the licensing and sale of memecoins like Official Trump (TRUMP), generating about $635 million from royalties in a license agreement with Celebration Coins.

QWhat was the second-biggest earner for Trump from crypto ventures as per his financial disclosure?

AThe second-biggest earner was the Trump family's DeFi platform, World Liberty Financial, which generated about $588 million from proceeds from token sales.

QWhat entity, affiliated with Trump and family members, holds a significant equity stake in World Liberty Financial's parent company?

ADT Marks DEFI LLC, an entity affiliated with Trump and certain family members, owns approximately 38% of the equity interests in World Liberty Financial's parent company.

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