Colombia is taking a decisive step toward full transparency in the digital asset market. Through Resolution No. 000240, the National Directorate of Taxes and Customs (DIAN) has ordered cryptocurrency exchanges and service providers to report detailed user transaction data, aligning the country with the OECD’s global Crypto Asset Reporting Framework.
The regulation, which entered into force on December 24, 2025, will apply starting with the 2026 tax year. The first large-scale report covering all crypto activity during 2026 must be filed with DIAN by May 2027.
This will mark the first time Colombian authorities receive comprehensive, standardized data directly from crypto platforms rather than relying solely on taxpayer self-disclosure.
Under the new rules, Crypto Asset Service Providers will be required to report extensive information, including account holder identity, transaction volumes, the number of crypto units transferred, and the market value of each transaction.
The scope covers Bitcoin, Ether from the Ethereum network, and stablecoins such as USDT and USDC, among other digital assets.
A key provision that will affect everyday users is the automatic reporting of single transfers or payments exceeding $50,000. According to DIAN, these thresholds are designed to strengthen oversight of high-value transactions and reduce the risk of tax evasion through digital assets.
The resolution responds to guidance from the Organization for Economic Cooperation and Development, which developed the Crypto Asset Reporting Framework to harmonize how countries monitor and exchange information on crypto transactions.
By adopting CARF, Colombia joins a growing list of jurisdictions seeking to ensure digital assets do not become a blind spot in tax enforcement.
Non-compliance carries significant penalties. Exchanges and service providers that fail to report, or that submit incorrect or incomplete data, may face fines of up to 1% of the value of the reported transactions.
While Colombian taxpayers were already required to declare crypto holdings as part of their net worth or occasional gains, Resolution 000240 fundamentally changes enforcement. From 2026 onward, crypto users should assume that their transactions will be systematically recorded, reported, and cross-checked by tax authorities.