Tanzania

Trading & ownership

Tanzania's Bank of Tanzania (BoT) issued warnings in 2017 and 2019 cautioning against crypto transactions. The BoT advised banks not to facilitate crypto transactions. No comprehensive crypto legislation has been enacted. President Samia Suluhu Hassan in 2021 directed the central bank to prepare for cryptocurrency, signalling a potential shift toward regulation.

Payments & Commerce

Mining Operations

Exchange Licensing & AML/KYC

KYC: . AML:

Capital Gains Tax

No specific crypto tax framework in Tanzania.

Income Tax (Staking/Mining)

Tanzania has a 30 percent corporate income tax and 9-30 percent progressive personal income tax.

VAT & Sales Tax