Tanzania has no dedicated crypto regulatory framework but applies restrictions via the Bank of Tanzania's public notices and the Finance Act 2024, which includes digital asset withholding tax provisions. AML/CFT rules cover virtual asset service providers, indicating a cautious regulatory stance with significant limitations on crypto activities.
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Region | africa east |
| Currency | TZS |
| VAT on Crypto | No |
The Finance Act 2024 includes a digital asset withholding tax, but specific rates and detailed tax treatment for crypto activities are not explicitly stated.
| Required | No |
| Regulator | BOT |
| Framework | No dedicated crypto framework; BOT Public Notice (Nov 2019) + Finance Act 2024 (s.83C digital asset withholding) + AML/CFT rules covering VASPs |
BOT has cautioned financial institutions against dealing in crypto. No licensing path exists but regulation is under discussion.
BOT warnings but limited active enforcement.
| Status | Research |
| Name | Tanzania CBDC |
| Issuing Authority | Bank of Tanzania |
| Model | hybrid |
| KYC Required | Yes |
| Travel Rule | Yes |
| FATF Member | Yes |
| FATF Status | compliant |
| FATF Body | APG |
| Suspicious-Activity Reporting | Yes |
Status: Restricted
DeFi activities are restricted under the current regulatory environment, with no explicit supportive framework and general caution from authorities.
Status: Restricted
Stablecoins are subject to the same restrictive regulatory environment as other crypto assets, with no specific framework in place.
Status: no_rules
No NFT regulation.
| Legal | No |
| Electricity Cost | $0.1/kWh |
| Renewable Energy | 45% |
| Infrastructure | fair |
Crypto mining is restricted in Tanzania; electricity costs are moderate and renewable energy accounts for a significant share, but infrastructure is only fair for mining operations.
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 38/100 |
| Banking Access | moderate |
| Sanctions Program Active | No |
Risk Factors
Tanzania has moderate political stability and moderate ease of doing business. It is not under international sanctions. Corruption remains a challenge, and banking access for crypto companies is moderate due to regulatory caution.
Tanzania has no dedicated crypto regulatory framework but applies restrictions via the Bank of Tanzania's public notices and the Finance Act 2024, which includes digital asset withholding tax provisions. AML/CFT rules cover virtual asset service providers, indicating a cautious regulatory stance with significant limitations on crypto activities.
Tanzania is classified by FATF as: compliant.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-09-07 · Data source: Soken Crypto Legal Map
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