Ethics Addendum Defers Millions in Crypto Taxes for Trump

Woofun AI reports that a bipartisan ethics addendum designed to secure Congressional passage of the crypto market structure bill includes a provision requiring President Donald Trump to divest from crypto-related businesses. This mechanism, described by Bloomberg, reportedly permits the president to defer capital gains taxes on any such divestitures, creating a significant financial benefit while addressing legislative hurdles.

The core political friction stems from Democratic concerns regarding Trump’s crypto conflicts, which have created an impasse for the market-structure bill. While the ethics addendum aims to break this deadlock, the reported tax-deferral benefit could spark further contention over whether the president’s financial interests are genuinely curbed.

Woofun AI data shows the potential tax savings amount to millions, a figure that may intensify scrutiny despite the White House’s lack of immediate comment to Cointelegraph.

Financial disclosures for 2025, released at the end of June, reveal Trump earned $1.4 billion from crypto ventures last year. The 927-page report highlights that licensing memecoins like Official Trump (TRUMP) generated approximately $635 million in royalties via a license agreement with Celebration Coins. World Liberty Financial contributed another $588 million from token sale proceeds, while a stablecoin venture yielded only $197 from an equity interest sale.

Ownership structures further complicate the narrative, as World Liberty’s website indicates DT Marks DEFI LLC holds approximately 38% of the equity interests in World Liberty’s parent company. This entity is affiliated with Trump and certain family members, suggesting retained influence despite divestiture requirements. This arrangement marks a critical variable in assessing the efficacy of proposed ethical safeguards.