Bipartisan CLARITY proposal could let Trump defer crypto capital gains, saving millions
A bipartisan ethics deal would require the former president to divest his cryptocurrency interests while allowing tax deferral on the sales, according to Bloomberg.
A bipartisan ethics proposal, dubbed the CLARITY deal, has been reported to include provisions that would impact former President Donald Trump’s cryptocurrency holdings.
The plan would require Trump to divest his interests in crypto businesses, effectively forcing a sale of the assets he holds in that sector.
In exchange, the proposal would permit Trump to defer capital‑gains taxes on the proceeds of those sales, a mechanism that could reduce his tax liability by millions of dollars.
The deal remains a proposal and has not been enacted; its final terms and any potential tax savings are subject to legislative approval.
Bloomberg cited the proposal as part of ongoing bipartisan efforts to address perceived conflicts of interest involving former officials.
Marcus reports on digital assets, from spot ETF flows to protocol-level developments in DeFi. He pays particular attention to how institutional adoption is reshaping crypto market structure.
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