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Tunisia vs Tanzania

Crypto regulation comparison

← Back to map | Tunisia | Tanzania
Tunisia

Tunisia

Tanzania

Tanzania

Restricted
Partially Regulated

Tunisia restricts cryptocurrency activities. The Central Bank of Tunisia has not authorized any crypto exchanges, and foreign exchange regulations effectively prohibit crypto transactions. Tunisia's strict capital controls make legal crypto trading very difficult. Despite restrictions, some Tunisians access crypto via P2P platforms and VPNs.

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 None
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 BCT (Banque Centrale de Tunisie)
Regulator Bank of Tanzania
Stablecoin Rules No regulation; crypto activities restricted
Stablecoin Rules No stablecoin regulation
Key Points
  • BCT has not authorized or licensed any crypto exchanges
  • Foreign exchange regulations effectively prohibit crypto transactions
  • Strict capital controls limit the ability to legally purchase crypto
  • No specific crypto legislation — restrictions stem from existing financial laws
  • Some informal P2P crypto activity exists despite restrictions
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