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Nº 27 Friday, 07 August 2026 · World Edition
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Trump could net big tax windfall in crypto bill divestiture plan: Reports

Markets-Economic Times · 1h ago · 🇮🇳 India
Trump could net big tax windfall in crypto bill divestiture plan: Reports

A bipartisan proposal for cryptocurrency legislation could grant President Trump a tax advantage by allowing the deferral of capital gains taxes on his digital asset portfolio. This bill stipulates that the president must separate from crypto-related enterprises. Democrats emphasize ethical standards to secure their backing, while the Clarity Act seeks to clarify regulatory oversight of the cryptocurrency industry.

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