A new ethics deal tied to the CLARITY Act could let Donald Trump avoid millions in capital gains taxes if he sells his crypto businesses, according to a report. The plan is part of a bipartisan effort to pass the bill, but it might not resolve concerns about Trump’s financial interests.
Under the proposed ethics addendum, Trump would have to sell his crypto ventures. But the rules reportedly allow him to delay paying taxes on any gains he makes from those sales, which could save him a fortune. The exact details haven’t been made public yet.
Trump’s financial disclosure for 2025 showed he made $1.4 billion from crypto last year. The biggest chunk came from memecoins like TRUMP, with $635 million in royalties. His family’s DeFi company, World Liberty Financial, added $588 million in revenue from token sales.
The White House hasn’t commented on the ethics proposal. But the reported tax break is likely to draw criticism from Democrats who say it lets Trump keep too much control over his crypto business.
World Liberty's Hidden Ties
Trump’s family company DT Marks DEFI LLC owns 38% of World Liberty Financial’s parent firm, according to public disclosures. That means any changes to Trump’s ownership or business dealings directly affect the company's financial structure.
World Liberty’s website also revealed ongoing operations, suggesting the company is still active. But with the CLARITY Act stalled, the future of Trump’s crypto empire remains unclear.