Economic TimesLean R·
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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