Colombia is moving decisively to tighten crypto regulation, as authorities sharpen their focus on transparency, tax compliance, and cross-border reporting. The country’s tax watchdog has unveiled a sweeping new framework that places crypto users and service providers under far closer scrutiny, marking a turning point for one of Latin America’s most active digital asset markets.
DIAN Rolls Out Strict Reporting Framework
Colombia’s National Directorate of Taxes and Customs has formally introduced Resolution 000240, a regulation that compels crypto platforms to disclose user transaction data in compliance with the Organisation for Economic Co-operation and Development Crypto-Asset Reporting Framework (CARF).
Published on December 24, 2025, the resolution requires Crypto Asset Service Providers (PSCAs) to report detailed information on crypto transactions exceeding $50,000 starting in 2026. This includes not just transaction values, but also the specific types of digital assets involved, ranging from Bitcoin and Ethereum to stablecoins.
The goal is clear: eliminate the use of crypto for tax evasion and align Colombia with international data-sharing standards.
2026 Confirmed as First Full Observation Year
Although the regulation entered into force late last year, DIAN has confirmed that 2026 will be the first full observation period. From that point forward, crypto service providers must begin recording all qualifying transactions for eventual submission.
The tax authority has already set May 2027 as the deadline for the first large-scale data submission, giving platforms limited time to ensure systems are compliant. Unlike previous rules, which relied heavily on voluntary disclosures, this framework introduces automatic reporting backed by penalties.
Automatic Alerts Extend Beyond $50,000 Threshold
While the $50,000 threshold has drawn attention, legal experts warn that smaller users are not exempt from scrutiny. According to law firm Holland & Knight, DIAN will also electronically process information on tax residence and net account balances, even when transactions fall below the reporting threshold.
That means crypto activity can still trigger automatic alerts, particularly for retail payment transfers. Failure to report or submitting inaccurate data could result in fines of up to 1% of the unreported transaction value, raising the stakes for both users and intermediaries.
Transparency Becomes a Legal Obligation
Holland & Knight has emphasized that the strict reporting timeline leaves no room for ambiguity. Transparency is no longer optional-it is now a mandatory legal obligation for anyone operating in Colombia’s crypto ecosystem.
The firm advises users to maintain meticulous personal records, including purchase prices, sale values, and asset origins. DIAN may request this information for cross-referencing, and users must be able to clearly explain how their crypto holdings were acquired.
Formalizing Crypto Without Privacy Illusions
Colombia’s move effectively ends on-chain privacy expectations for domestic users. Starting with the 2026 tax year, information about crypto transactions will be shared automatically between service providers and DIAN.
This push reflects Colombia’s broader effort to formalize digital wealth and integrate crypto into the national tax system. The country currently ranks 29th globally in crypto adoption, with over five million Colombians holding digital assets, many of whom use offshore platforms such as Wenia.
By closing the gap between innovation and enforcement, Colombia is signaling that crypto growth will be welcomed-but only within a tightly regulated framework.
