Colombia and France Tighten Crypto Tax Rules — Here’s Who’s in Their Crosshairs

Colombia and France are significantly increasing oversight of the crypto sector to combat tax evasion. In Colombia, the National Directorate of Taxes and Customs (DIAN) mandated that crypto service providers report detailed user and transaction data, effective for the 2026 tax year, with non-compliance risking fines up to 1% of unreported values. Colombia is a major crypto market in Latin America. Meanwhile, France is targeting self-custody wallets, requiring holders of non-custodial wallets like Ledger or MetaMask with balances exceeding €5,000 to declare them, following recommendations from the CPO. These moves, occurring amidst data security concerns in France, reflect a global trend where governments are demanding greater transparency from exchanges, intermediaries, and individual holders, signaling the end of semi-anonymity in crypto for tax purposes.

(Source：BeInCrypto)