Colombia’s tax authority mandates crypto exchanges to submit user data: report

Colombia's National Directorate of Taxes and Customs (DIAN) has implemented Resolution 000240, mandating that local crypto service providers, including exchanges and intermediaries, collect and report detailed user and transaction data for assets like Bitcoin, Ether, and stablecoins. This requirement applies to both domestic and foreign providers serving Colombian residents and aligns with the OECD's Crypto-Asset Reporting Framework. While the resolution took effect immediately in late 2025, the reporting obligations start for the 2026 tax year, with the first comprehensive report due by the end of May 2027. This measure aims to allow the tax authority to cross-check user declarations, as individuals were already required to declare holdings, and failure to comply accurately may result in fines up to 1% of the unreported transaction value. The move comes as Colombia ranks as a significant crypto market in Latin America by transaction volume.

(Source：The Block)