Vavada Banner
BTC $66,001.00 (-4.24%)
ETH $1,985.49 (-4.05%)
BNB $610.68 (-3.14%)
XRP $1.32 (-3.37%)
SOL $82.48 (-4.84%)
TRX $0.31 (-0.16%)
DOGE $0.09 (-2.44%)
BCH $473.11 (+1.76%)
HYPE $38.35 (-0.96%)
ADA $0.24 (-4.07%)
LEO $9.56 (+0.11%)
LINK $8.51 (-4.89%)
XMR $325.52 (-0.72%)
XLM $0.17 (-5.24%)
CC $0.14 (-3.52%)
LTC $53.38 (-2.72%)
RAIN $0.01 (-2.40%)
HBAR $0.09 (-3.17%)
AVAX $8.73 (-4.28%)
M $2.15 (-1.82%)

Angola vs Tanzania

Crypto regulation comparison

← Back to map | Angola | Tanzania
Angola

Angola

Tanzania

Tanzania

No Data
Partially Regulated

-

Tanzania's regulatory stance on crypto is evolving. The Bank of Tanzania warned against crypto in 2019, but the 2024 Finance Act introduced a 3% withholding tax on digital asset transactions — Tanzania's first legal recognition of crypto. A December 2024 High Court ruling held that taxed crypto transactions cannot be deemed unlawful. No comprehensive regulatory framework exists yet.

Tax Type Unclear
Tax Type Income
Tax Rate N/A
Tax Rate 3% withholding tax
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining No No
Regulator -
Regulator Bank of Tanzania
Stablecoin Rules -
Stablecoin Rules No stablecoin regulation
Key Points

-

Key Points
  • Bank of Tanzania warned against crypto trading in 2019 public notice
  • Finance Act 2024 introduced 3% withholding tax on digital asset transactions
  • December 2024 High Court ruled taxed crypto transactions are not unlawful
  • An estimated 2.3 million Tanzanians own cryptocurrency
  • Bank of Tanzania exploring central bank digital currency (CBDC)
Sources

-

Sources
NordVPN Banner