Colombia is taking significant steps to regulate its cryptocurrency market by implementing mandatory reporting requirements for digital asset platforms. This move aligns with global efforts to increase transparency and combat tax evasion in the crypto sector, as the Organisation for Economic Co-operation and Development (OECD) finalizes its Crypto-Asset Reporting Framework (CARF).
Colombia's National Directorate of Taxes and Customs (DIAN) will now require crypto exchanges and service providers to gather and submit detailed data on user activity. Resolution 000240, issued in late December 2025, formalizes the integration of digital assets into the national tax regime. These obligations encompass major digital assets, including Bitcoin, altcoins, stablecoins, and memecoins. Platforms must report information such as account ownership details, transaction volumes, asset transfer counts, market prices, and users' net balances. The aim is to provide tax authorities with a clearer picture of crypto usage and ensure proper reporting of taxable gains.
The new rules apply from the 2026 tax year, with the first large-scale reporting deadline set for May 2027. Crypto exchanges, intermediaries, and other service providers operating in or serving Colombian residents must conduct enhanced due diligence and automatically share user and transaction data with tax authorities. This includes international information exchanges. Transactions involving Bitcoin, Ether, and popular stablecoins like USDT and USDC will be logged and prepared for electronic submission.
Colombia's reporting regime closely follows the OECD's CARF, designed to standardize crypto data sharing between countries. Jurisdictions like the UK, Singapore, Switzerland, Hong Kong, and the UAE have introduced or announced similar systems. By aligning with CARF, Colombia aims to prevent users from exploiting cross-border crypto activity to avoid taxes. This move also enhances international cooperation, facilitating the tracing of digital assets and reducing regulatory arbitrage.
The OECD-backed CARF requires crypto service providers to collect and automatically report user and transaction data to tax authorities. Initial reporting is expected in 2026, with the first automatic information exchanges anticipated in 2027. As of November 2025, 48 jurisdictions had enacted or were close to enforcing CARF-related data collection laws, and another 27 are expected to begin sharing information in 2028.
Under Resolution 000240, Colombia has formally adopted the OECD's Cryptoasset Reporting Framework. The rules require crypto exchanges, intermediaries and other service providers operating in or serving Colombian residents to carry out enhanced due diligence and automatically share user and transaction data with tax authorities, including for international information exchanges.
The policy covers widely used crypto assets like Bitcoin, Ethereum, and stablecoins, excluding central bank digital currencies. Crypto transfers exceeding $50,000 are classified as automatically reportable retail transactions. Failure to comply with reporting requirements can result in fines of 0.5% to 1% of the value of the transactions involved.
While Colombia does not yet have a comprehensive licensing regime for crypto exchanges, they are expected to comply with general tax, anti-money laundering, and know-your-customer rules. The new regulations mark a shift from partial disclosure to full transactional transparency.
The introduction of these rules reflects a global trend toward greater scrutiny of crypto assets and a push for international cooperation in tax enforcement. By adopting the OECD's CARF, Colombia is taking a significant step towards integrating its crypto market into the global financial system and ensuring that crypto investors pay their fair share of taxes.
