Vavada Banner
BTC $70,721.00 (+0.40%)
ETH $2,156.81 (+0.98%)
BNB $641.43 (+1.41%)
XRP $1.41 (-0.01%)
SOL $91.07 (+1.07%)
TRX $0.31 (-0.94%)
DOGE $0.10 (+1.79%)
ADA $0.27 (+2.87%)
BCH $477.73 (+1.07%)
HYPE $40.10 (+6.61%)
LEO $9.46 (+0.45%)
LINK $9.22 (+1.69%)
XMR $337.56 (-3.01%)
XLM $0.18 (+7.50%)
CC $0.14 (-3.45%)
LTC $56.17 (+1.46%)
RAIN $0.01 (+1.42%)
AVAX $9.59 (+0.66%)
HBAR $0.09 (+1.83%)
ZEC $236.93 (+4.13%)

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