Colombia Orders Crypto Exchanges to Report User Data in Tax Crackdown — Here’s What’s at Stake

Colombia has taken a decisive step towards tightening oversight of its fast-growing crypto market, ordering exchanges and repair suppliers to acquire and report detailed person information as a part of a broader tax enforcement push.

The transfer locations Bitcoin, stablecoins, and different digital belongings firmly throughout the nation’s nationwide tax framework and reveals a shift from partial disclosure to full transactional transparency.

Colombia Sets 2027 Deadline for First Nationwide Crypto Reports

Under Resolution 000240, issued by the Directorate of National Tax and Customs (DIAN) in late December 2025, Colombia has formally adopted the OECD’s Cryptoasset Reporting Framework.

The guidelines require crypto exchanges, intermediaries, and different service suppliers working in or serving Colombian residents to perform enhanced due diligence and mechanically share person and transaction information with tax authorities, together with for worldwide info exchanges.

Local outlet CriptoNoticias first reported the main points of the decision, saying the regulation applies from the 2026 tax yr, with the primary large-scale reporting deadline set for May 2027.

Answering that, every platform can be anticipated to present detailed stories on all crypto exercise carried out in 2026.

This entails info on account possession, transaction volumes, transactions on tokens moved, and the market worth of every operation involving bitcoin, ether, and fashionable stablecoins, just like the USDT and USDC.

Even although in 2025 the decision was already in impact as of December 24, the primary full statement interval can be in 2026.

From DIAN’s perspective, each transaction executed by Colombian customers throughout the yr can be logged by service suppliers and ready for digital submission.

Authorities have made clear that crypto exercise will not be handled as opaque or casual throughout the tax system.

The scope of the reporting obligation is broad, because it covers each home and overseas platforms serving Colombian residents, no matter whether or not they maintain a particular crypto license.

Rising Crypto Adoption Meets Tougher Tax Rules in Colombia

Colombia doesn’t but have a complete licensing regime for crypto exchanges, and digital belongings are nonetheless categorised as intangible belongings fairly than authorized tender.

However, exchanges working in the nation are already anticipated to adjust to common tax, anti-money laundering, and know-your-customer rules.

One provision probably to draw specific consideration from retail customers is the monitoring of enormous funds and transfers. Transactions exceeding $50,000 will set off automated alerts to DIAN.

Even under that threshold, platforms should report customers’ tax residence info and web balances, excluding commissions, by means of standardized XML information processed electronically by the tax authority.

Penalties for non-compliance are important, with firms that fail to report, or submit incomplete or incorrect information, going through fines of up to 1% of the worth of the unreported transactions.

Legal consultants have warned that the reporting calendar leaves little room for error, successfully making transparency a compulsory price of doing enterprise in Colombia’s crypto market.

For customers, the rapid influence is a lack of sensible anonymity.

While people have been already required to declare crypto holdings as a part of their revenue or wealth tax filings, enforcement beforehand relied largely on self-reporting.

DIAN will now give you the option to cross-check change information towards particular person tax declarations, growing scrutiny of the origin of funds and capital features.

The crackdown comes as crypto adoption in Colombia reaches new highs. Chainalysis information in October reveals that the nation recorded $44.2 billion in crypto transaction quantity between July 2024 and June 2025, rating fifth in Latin America.

This makes it the area’s second-fastest-growing market by worth acquired. As of late 2025, Colombia is estimated to have about 10.72 million crypto customers, representing practically 19% of the inhabitants.

The submit Colombia Orders Crypto Exchanges to Report User Data in Tax Crackdown — Here’s What’s at Stake appeared first on Cryptonews.