Trump's Crypto Divestiture Plan Could Trigger Multi-Million Dollar Tax Windfall
The US Senate's proposed ethics proposal to get landmark crypto legislation over the line in Congress could give President Donald Trump a significant tax benefit: deferring capital gains levies on his crypto holdings.
The bipartisan ethics addendum, still being negotiated between the White House and lawmakers, requires the president to divest from crypto-related businesses. This is expected to allow him to defer paying any federal taxes on those gains, potentially for years or even indefinitely.
Trump could save millions in tax savings with this provision, as he reported earning $1.4 billion from crypto and memecoin-related ventures in 2025. If he held his new investments until death, the capital gains would go untaxed.