U.S. Tax Services Firm H&R Block CEO: Clear Regulations Needed Before Handling Crypto Taxes

Tax professionals are taking a more cautious approach to bitcoin (BTC) and other gains as the debate around cryptocurrency regulations grows more heated, according to Cointelegraph. U.S. tax services firm H&R Block is looking for more precise regulations before dealing with its clients’ crypto assets. H&R Block CEO Jeff Jones says despite the current state of cryptocurrency regulation, it does not expect to ban the use of cryptocurrencies across the board and hopes to include cryptocurrency taxes in its business in the future.