Cryptocurrency is restricted in Tanzania with no specific regulatory framework. The Bank of Tanzania has issued warnings against crypto activities and does not license crypto businesses.
| Status | Restricted |
| Risk Score | 55/100 (High Risk) |
| Region | africa east |
| Currency | TZS |
| Capital Gains (Personal) | No specific crypto capital gains guidance; 3% withholding tax applies to proceeds from digital asset exchange/transfer transactions under Finance Act 2024 (s.83C Income Tax Act, eff. 1 July 2024) |
| Capital Gains (Corporate) | 30% corporate tax |
| VAT on Crypto | No |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |
No crypto-specific tax framework.
| 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.
| KYC Required | Yes |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | compliant |
| FATF Body | ESAAMLG |
| Suspicious-Activity Reporting | Yes |
Status: Unclear
No DeFi regulation.
Status: no_rules
No stablecoin framework.
Status: no_rules
No NFT regulation.
| Legal | No |
| Electricity Cost | $0.1/kWh |
| Renewable Energy | 45% |
| Infrastructure | fair |
Crypto mining is restricted; no formal licensing or support from authorities. Electricity cost is moderate with significant renewable energy share.
| Stability | low |
| Sanctions | No |
| Corruption Index | 38/100 |
| Banking Access | restricted |
Risk Factors
Following disputed October 2025 elections, Tanzania experienced severe political instability: hundreds of extrajudicial killings (UN confirmed), 1,700+ detained, full internet blackout 29 Oct–3 Nov 2025, main opposition party banned until 2030. No active OFAC/EU/UN country-level sanctions as of 2026-06-01, but US bipartisan legislation for sanctions review introduced May 2026. FATF grey list removed June 2025 is positive. Corruption index unchanged.
Cryptocurrency is restricted in Tanzania with no specific regulatory framework. The Bank of Tanzania has issued warnings against crypto activities and does not license crypto businesses.
Tanzania is classified by FATF as: compliant.
KYC is mandatory for crypto businesses.
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Explore IT Services →Last reviewed: 2026-06-01 · Data source: Soken Crypto Legal Map
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