Colombia Enacts Mandatory Tax Reporting for Crypto Platforms

Colombia’s tax authority, the National Directorate of Taxes and Customs (DIAN), has officially tightened its grip on the digital asset sector. Under the new Resolution 000240, all crypto exchanges and intermediaries operating in the country are now legally required to collect and submit comprehensive data on their users.

The Goal: Transparency and Compliance

The primary objective of this move is to combat tax evasion and bring the digital asset market into the light. By aligning with the OECD’s Crypto-Asset Reporting Framework (CARF), Colombia aims to ensure that crypto wealth is fully integrated into the national tax system.

What Is Being Reported?

Platforms must now disclose granular details to the DIAN, including:

• Identity: Full account ownership details.
• Activity: Total transaction volumes and the number of units transferred.
• Valuation: Market value of assets and final net balances.

This applies to both domestic and foreign providers that serve Colombian residents or taxpayers.

Key Deadlines and Penalties

While the resolution was issued in late 2025, the mandatory reporting cycle begins for the 2026 tax year.

• First Deadline: The first full report for 2026 is due by the last business day of May 2027.
• Risk of Non-Compliance: Platforms that fail to report or provide inaccurate data face steep fines of up to 1% of the value of the unreported transactions.

A Growing Market Under Scrutiny

The DIAN's move comes at a time of explosive growth for the Colombian crypto scene. According to recent data from Chainalysis, Colombia is the fifth-largest crypto market in Latin America, processing over $44.2 billion in transaction volume between mid-2024 and mid-2025. By introducing third-party reporting, the government can now cross-check individual tax returns against exchange data, making it significantly harder for users to under-report their holdings.

January 2026, Cryptoniteuae