BTC $67,426.00 (-1.34%)
ETH $1,943.64 (-1.98%)
XRP $1.38 (-3.78%)
BNB $611.92 (-2.20%)
SOL $83.15 (-2.87%)
TRX $0.29 (+0.43%)
DOGE $0.09 (-4.27%)
BCH $569.52 (+1.02%)
ADA $0.27 (-3.73%)
LEO $8.20 (-1.58%)
HYPE $28.91 (-2.90%)
LINK $8.63 (-2.98%)
CC $0.16 (+0.56%)
XMR $322.76 (-1.82%)
XLM $0.16 (-4.30%)
RAIN $0.01 (+1.41%)
HBAR $0.10 (-2.64%)
LTC $53.15 (-3.79%)
ZEC $243.58 (-6.33%)
AVAX $8.81 (-4.55%)

Tanzania vs Uzbekistan

Crypto regulation comparison

← Back to map | Tanzania | Uzbekistan
Tanzania

Tanzania

Uzbekistan

Uzbekistan

Partially Regulated
Legal

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.

Uzbekistan has actively regulated crypto since 2018, when it established the NAPM (initially NAPCI) to oversee virtual assets. Licensed crypto exchanges operate in a regulatory sandbox. Individual crypto trading profits are exempt from tax. Uzbekistan has also established a state-backed mining pool and licensing regime for miners, leveraging its energy resources.

Tax Type Income
Tax Type None
Tax Rate 3% withholding tax
Tax Rate 0%
Exchanges Yes Yes
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator Bank of Tanzania
Regulator NAPM (National Agency for Prospective Projects)
Stablecoin Rules No stablecoin regulation
Stablecoin Rules Regulated under NAPM virtual asset framework
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)
Key Points
  • NAPM oversees virtual asset regulation and licensing
  • Licensed exchanges operate under regulatory framework since 2018
  • Individual crypto trading exempt from income tax
  • State-backed mining pool and licensing for crypto miners
  • Only licensed platforms can offer crypto services; unlicensed platforms blocked
Sources
Sources