Colombia mandates disclosure of Bitcoin and crypto transaction data

Colombia's tax authority, DIAN, has issued Resolution 000240, formalizing the integration of digital assets into its tax regime through mandatory reporting rules that adhere to the OECD’s Cryptoasset Reporting Framework (CARF). This regulation compels exchanges, intermediaries, and trading platforms to conduct rigorous due diligence and automatically share detailed user and transaction data, including ownership and transaction values, with foreign tax authorities. The policy applies to major assets like Bitcoin, Ethereum, and stablecoins, but excludes central bank digital currencies. Transactions exceeding $50,000 are automatically reportable retail transactions. Non-compliance, such as late or incorrect filings, may result in fines ranging from 0.5% to 1% of the transaction value, with reporting obligations commencing in the 2026 tax year and the first mass filings due in May 2027.

(Source：Crypto Briefing)