- Colombia mandates crypto reporting aligning with OECD standards by 2026.
- First reports due in May 2027.
- Affects Bitcoin, Ethereum, and stablecoins.
Colombia’s tax authority DIAN has mandated crypto transaction reporting starting 2026 under Resolution 000240, aligning with global OECD standards for enhanced tax transparency.
This initiative aims to combat tax evasion, potentially altering market dynamics and investor behavior in the Colombian crypto landscape.
Colombia’s tax authority, DIAN, has introduced Resolution 000240 of 2025 to begin mandatory crypto transaction reporting from the 2026 tax year. The move aims to enhance transparency and combat tax evasion.
The new rule requires crypto providers, such as exchanges and brokers, to report user and transaction data. Bitcoin, Ethereum, and Dogecoin are singled out in the resolution, which aligns with the OECD Crypto‑Asset Reporting Framework (CARF).
These changes are expected to impact how individuals and institutions engage with cryptocurrencies in Colombia. Exchanges will need to gather and report detailed information on user identities and transaction metrics.
This regulatory development aims to enhance Colombia’s financial compliance environment, potentially attracting more compliant institutional investors. Conversely, privacy-oriented users might shift to non-compliant platforms.
Historically, Colombia relied on self-reporting for crypto gains, but this systematic approach mirrors established financial reporting rules. In the words of Juan Sebastián Gantiva Hidalgo, Partner at Holland & Knight:
“The crypto assets that should be reported are those that can serve for investment or payment means, such as Bitcoin, Ethereum and Dogecoin.”
Colombian regulators aim to integrate crypto assets into the formal tax system.
Globally, the alignment with CARF places Colombia among early adopters of these tax standards. Similar regulations in other regions show potential decreases in activity on non-compliant exchanges as users seek privacy.
