Colombia Tightens Grip: Crypto Platforms Now Forced To Report Bitcoin Transactions & User Data To DIAN

Colombia's tax authority just pulled crypto into the spotlight—and onto its balance sheet.

The New Reporting Reality

Forget flying under the radar. The Dirección de Impuestos y Aduanas Nacionales (DIAN) has issued a mandate requiring all cryptocurrency platforms operating in Colombia to hand over detailed user data and transaction records. This isn't a request; it's a new rule of the game. Every Bitcoin buy, sell, and transfer now has a digital paper trail leading straight to the taxman's desk.

Transparency vs. The Crypto Ethos

The move aims to clamp down on tax evasion and bring crypto assets into the formal financial fold. Proponents hail it as a necessary step for legitimacy and consumer protection. Critics see it as a fundamental clash with the decentralized, privacy-centric principles that drew many to digital assets in the first place. It's a classic regulatory squeeze—governments want their cut, even from the digital gold rush.

The Global Domino Effect

Colombia's stance mirrors a worldwide trend. From the IRS in the U.S. to emerging frameworks in Asia, authorities are systematically dismantling crypto's anonymity shield. For platforms, compliance is now a non-negotiable cost of doing business. For users, it means the end of the wild west—your portfolio is no longer just your business.

The ledger is closing. As one finance veteran might cynically note: 'The only thing decentralized about finance is the location of the loopholes—until they get patched.' Colombia just installed a major update.

TLDR

• DIAN’s new rule mandates exchanges to report Bitcoin and crypto data starting in 2026.
• Crypto platforms must submit data like user identity, volumes, and market values.
• Non-compliance with the rule may result in fines of up to 1% of transaction value.
• Colombia reported $44.2B in crypto transactions from July 2024 to June 2025.

Colombia has issued a new tax resolution requiring cryptocurrency exchanges and platforms to report user and transaction data starting in 2026. The MOVE aims to improve tax transparency and increase oversight of digital asset activities within the country.

New Tax Reporting Rules for Crypto Service Providers

Colombia’s National Directorate of Taxes and Customs (DIAN) has issued Resolution 000240, requiring digital asset operators to submit detailed reports about crypto users and transactions. This rule applies from the 2026 tax year and will involve exchanges, intermediaries, and digital platforms operating in or serving users in Colombia.

DIAN has issued Resolution No. 000240, requiring crypto exchanges and service providers to report users’ Bitcoin, Ethereum, and stablecoin (e.g., USDT, USDC) transactions in line with the OECD’s CARF. The rules apply from the 2026 tax year, with the first filing due in May 2027.…

— Wu Blockchain (@WuBlockchain) January 9, 2026

The resolution took effect on December 24, 2025. It mandates local and foreign crypto service providers to collect and report identity data, transaction volumes, transferred units, fair market values, and net balances of accounts involving digital assets. The first report covering the 2026 calendar year must be filed by the last business day of May 2027.

Regulation Aligned with International Standards

The regulation aligns with the Crypto-Asset Reporting Framework (CARF) developed by the Organisation for Economic Co-operation and Development (OECD). This framework sets international guidelines for collecting and exchanging tax-related information involving crypto assets.

According to the resolution, reporting obligations will apply to platforms that handle widely used cryptocurrencies, including Bitcoin, Ethereum, and stablecoins. However, the rule does not apply to central bank digital currencies. Crypto transfers exceeding $50,000 will be treated as reportable retail transactions under the new mandate.

Penalties for Inaccurate or Late Reporting

To ensure compliance, the regulation introduces financial penalties for incomplete, incorrect, or late reporting. Entities that fail to submit required data may be fined between 0.5% and 1% of the total value of undeclared or misreported transactions.

Previously, Colombian residents who held crypto assets were required to declare them in their personal tax filings. However, there was no third-party reporting requirement in place. With Resolution 000240, DIAN will now be able to cross-check individual tax declarations with independent transaction reports submitted by crypto platforms.

Crypto Usage Growth in Colombia

A report by Chainalysis in October 2025 ranked Colombia as the fifth-largest country in Latin America by crypto transaction volume. Between July 2024 and June 2025, the country recorded around $44.2 billion in crypto transactions. It was also the second-fastest growing crypto market in the region during the same period, following Brazil.

The new reporting framework is expected to give DIAN access to more complete information about the scale and nature of crypto activity in Colombia. This will support the agency’s effort to prevent tax evasion and increase visibility into digital financial transactions involving residents and taxpayers.