Colombia’s National Directorate of Taxes and Customs (DIAN) has launched a landmark regulation requiring crypto exchanges, intermediaries, and digital asset platforms to report comprehensive user data and transaction details as part of a wide-ranging tax enforcement initiative. The mandate, formalized under Resolution 000240, came into effect on December 24, 2025, and applies to all service providers handling Bitcoin, Ethereum, stablecoins, and other cryptocurrencies for Colombian residents or taxpayers.
Under the new framework, platforms must collect and electronically submit the following information for every user account: verified identity details, total transaction volumes, quantities of assets transferred, fair market values, and net end-of-period balances. Transactions exceeding a threshold of $50,000 are subject to enhanced reporting protocols, triggering immediate alerts to DIAN’s surveillance systems.
The first comprehensive dataset, covering all cryptocurrency activity in the 2026 tax year, is due by the last business day of May 2027. Failure to comply with the reporting requirements, or submission of incomplete or inaccurate data, may result in fines of up to 1% of the value of unreported transactions. Legal experts warn that the stringent timeline and broad scope leave little margin for error, effectively mandating full transparency as a cost of operating in Colombia’s digital asset market.
DIAN’s resolution aligns Colombia’s crypto tax regime with the OECD’s Crypto-Asset Reporting Framework (CARF), facilitating the automatic exchange of information with foreign tax authorities. The measure aims to integrate crypto-held wealth into the formal economy, combat tax evasion, and ensure that gains from digital assets are declared in personal and corporate tax filings.
Colombia has emerged as one of Latin America’s fastest-growing crypto markets, with Chainalysis reporting $44.2 billion in transaction volume between July 2024 and June 2025. However, the country has lacked a unified licensing regime for crypto firms, and digital assets remain classified as intangible assets rather than legal tender. The new reporting obligations fill a regulatory gap, empowering DIAN to cross-check platform data against taxpayer declarations and identify discrepancies in real time.
For users, the regulation diminishes practical anonymity. Even routine transfers below the reporting threshold will be recorded, and residency verification is required for all account holders. Legal advisors recommend that platforms implement robust compliance systems, standardized XML reporting formats, and regular audits to ensure data accuracy and adherence to DIAN’s deadlines.
This regulatory development represents a significant shift in Colombia’s approach to digital assets. As other nations in the region consider similar frameworks, Colombia’s model may serve as a blueprint for integrating cryptocurrencies into established tax and anti-money-laundering ecosystems, balancing innovation with fiscal accountability.
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