🇹🇿 Tanzania

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.

Overview

StatusRestricted
Risk Score55/100 (High Risk)
Regionafrica east
CurrencyTZS

Tax Information

Capital Gains (Personal)No specific crypto guidance
Capital Gains (Corporate)30% corporate tax
VAT on CryptoNo
Staking TaxNo specific guidance
Airdrop TaxNo specific guidance

No crypto-specific tax framework.

Licensing & Registration

RequiredNo
RegulatorBOT
FrameworkNo crypto framework; BOT warning (2019)

BOT has cautioned financial institutions against dealing in crypto. No licensing path exists but regulation is under discussion.

Enforcement Activity

Level: Low

BOT warnings but limited active enforcement.

AML / KYC

KYC RequiredYes
Travel RuleNo
FATF MemberNo
FATF Statuscompliant
FATF BodyESAAMLG
Suspicious-Activity ReportingYes

DeFi, Stablecoins & NFTs

Status: Unclear

No DeFi regulation.

Stablecoins

Status: no_rules

No stablecoin framework.

NFTs

Status: no_rules

No NFT regulation.

Mining

LegalNo
Electricity Cost$0.1/kWh
Renewable Energy45%
Infrastructurefair

Crypto mining is restricted; no formal licensing or support from authorities. Electricity cost is moderate with significant renewable energy share.

Geopolitical Risk

Stabilitymoderate
SanctionsNo
Corruption Index38/100
Banking Accessrestricted

Risk Factors

Tanzania has moderate political stability but regulatory uncertainty and limited banking access pose challenges for crypto businesses.

Sources

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Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map

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