BTC $67,948.00 (+0.04%)
ETH $1,971.99 (+0.43%)
XRP $1.42 (-0.92%)
BNB $621.18 (-0.87%)
SOL $84.97 (+0.72%)
TRX $0.29 (+0.79%)
DOGE $0.10 (-2.89%)
BCH $573.28 (+1.30%)
ADA $0.28 (-2.47%)
LEO $8.16 (-4.84%)
HYPE $29.42 (-2.95%)
LINK $8.81 (-0.76%)
CC $0.16 (-0.66%)
XMR $323.10 (-2.36%)
XLM $0.16 (-3.64%)
RAIN $0.01 (-0.57%)
HBAR $0.10 (-0.93%)
LTC $54.64 (-1.09%)
ZEC $250.32 (-4.62%)
AVAX $8.99 (-1.69%)

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