Vavada Banner
BTC $71,142.00 (-1.34%)
ETH $2,204.89 (-1.86%)
XRP $1.33 (-1.75%)
BNB $596.08 (-0.60%)
SOL $82.05 (-2.77%)
TRX $0.32 (+0.76%)
DOGE $0.09 (-1.85%)
HYPE $41.53 (-2.17%)
LEO $10.13 (+0.11%)
ADA $0.24 (-4.75%)
BCH $423.67 (-2.43%)
LINK $8.80 (-2.27%)
XMR $338.50 (+0.07%)
ZEC $361.34 (-2.60%)
CC $0.15 (+0.13%)
M $2.86 (+4.31%)
XLM $0.15 (-1.70%)
LTC $53.74 (-2.06%)
AVAX $9.13 (-2.40%)
RAIN $0.01 (+2.07%)

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