Trump's Crypto Holdings Could Save Him Millions with Proposed Ethics Deal
A proposed ethics deal in the US Congress aims to secure passage of the crypto market structure bill by addressing President Donald Trump's conflicts of interest.
The bipartisan proposal, which has not been made public, includes a provision requiring the president to divest from crypto-related businesses. This would allow Trump to defer capital gains taxes on any required divestitures, potentially leading to tax savings in the millions, according to Bloomberg.
Trump's annual financial disclosure report for 2025 revealed that he earned $1.4 billion in income from crypto-related ventures last year, with the licensing and sale of memecoins such as Official Trump (TRUMP) generating the most income at around $635 million.