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Crypto

President Trump Could Delay Taxes on Crypto Gains if Clarity Act Passes

2026/08/07 19:45(Updated 2026/08/07 14:01)

CoinPost

Written by L.Kikutani

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President Trump Could Delay Taxes on Crypto Gains if Clarity Act Passes

Tax Advantages Framework

Tax Advantages Framework

It was revealed on the 7th by Bloomberg that if the ethical clause, which includes an obligation for the President to sell assets, is enacted under the 'Clarity Act' currently being negotiated in the U.S. Senate, President Trump could benefit from tax advantages.

The ethical clause proposal compiled by Senators Thom Tillis and Ruben Gallego mandates the President to sell off assets related to cryptocurrency businesses. However, the President's consent has not yet been obtained, and negotiations are ongoing.

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