OKX Banner
BTC $73,016.00 (+0.17%)
ETH $1,999.58 (+0.49%)
BNB $634.49 (+0.08%)
XRP $1.30 (+0.35%)
SOL $81.25 (+0.30%)
TRX $0.35 (-0.85%)
DOGE $0.10 (+0.68%)
HYPE $63.11 (+10.24%)
LEO $9.94 (-0.76%)
RAIN $0.01 (+2.05%)
ZEC $528.12 (+0.20%)
ADA $0.23 (+0.30%)
XLM $0.21 (+6.14%)
XMR $359.64 (+0.96%)
LINK $8.89 (-0.11%)
BCH $299.43 (+1.17%)
CC $0.15 (+0.39%)
TON $1.75 (+0.41%)
LTC $51.53 (+1.02%)
M $3.02 (+2.38%)

Greenland vs Tanzania

Crypto regulation comparison

← Back to map | Greenland | Tanzania
Greenland

Greenland

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