OKX Banner
BTC $77,619.00 (-0.73%)
ETH $2,414.00 (-1.66%)
BNB $684.14 (-1.14%)
XRP $1.36 (-2.76%)
SOL $101.30 (-3.82%)
TRX $0.34 (-1.47%)
HYPE $79.91 (-4.00%)
ZEC $836.94 (-0.48%)
DOGE $0.08 (-3.85%)
RAIN $0.02 (-5.37%)
XMR $485.29 (+3.12%)
LEO $9.61 (-0.76%)
LINK $11.11 (-2.82%)
ADA $0.19 (-4.73%)
XLM $0.17 (-2.89%)
BCH $243.18 (-1.54%)
CC $0.12 (-1.88%)
LTC $47.82 (-2.11%)
GRAM $1.33 (-1.46%)
USDG $1.00 (-0.01%)

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
OKX Banner