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Colombia will require cryptocurrency exchanges and service providers to report all transactions exceeding $50,000 to tax authorities starting in 2026, with the first comprehensive reports due by May 2027 under a new resolution aligned with OECD standards.
The updated Colombia crypto regulation stems from Resolution 000240, published on December 24, 2025, and issued in compliance with Law 1661 of 2013 and the Multilateral Agreement for the Automatic Exchange of Information under the Cryptoasset Reporting Framework (CARF).
The resolution requires cryptoasset service providers (PSCAs) to disclose detailed user transaction data to DIAN, marking one of the most comprehensive reporting regimes introduced in the country to date.
Under the rules, exchanges and intermediaries must submit information on crypto transactions exceeding $50,000 carried out in Colombia, starting with activity recorded in 2026.
In addition to transaction values, PSCAs are required to report the specific types of crypto assets involved, as well as details identifying whether a user qualifies as a reportable person or falls under defined exclusions.
The objective, according to the tax authority’s mandate, is to prevent the use of crypto assets for tax evasion while strengthening transparency in line with international standards.
Law firm Holland & Knight noted that the resolution reflects Colombia’s obligations under OECD-led initiatives, emphasizing that transparency is no longer optional. The firm described the approach as one that “leaves no room for doubt,” — Holland & Knight, International Law Firm.
As part of the Colombia crypto regulation rollout, DIAN confirmed that 2026 will serve as the first full observation period, despite the resolution taking effect in late 2025. During this period, all qualifying crypto transactions will be recorded by service providers in preparation for reporting to the tax authority.
DIAN has also set May 2027 as the deadline for crypto platforms to submit their first large-scale, consolidated report covering the 2026 tax year. This represents a shift from earlier practices, where individuals were already required to declare crypto assets on income tax returns as occasional gains or as part of net worth, but enforcement largely relied on voluntary compliance.
The new requirements significantly broaden the scope of oversight. They apply not only to large exchanges but also to legal entities and individuals acting as intermediaries in crypto transactions.
Holland & Knight warned that average users should pay particular attention to automatic alerts triggered by retail payment transfers exceeding the $50,000 threshold.
Beyond high-value transactions, DIAN will electronically process data on users’ tax residences and net balances, excluding commissions, even when transaction values fall below the reporting threshold. Penalties for non-compliance are substantial, with fines reaching up to 1% of the total value of unreported transactions.
Holland & Knight stressed that the strict timelines embedded in the Colombia crypto regulation framework make compliance unavoidable. The firm advised crypto users to maintain accurate personal records of buy and sell prices, noting that DIAN may request this information for cross-referencing purposes during audits.
According to the firm, users must be able to clearly explain the origin of their crypto holdings, as the authority integrates transaction data into broader tax enforcement systems.
Holland & Knight characterized the policy direction as “closing the gap between tax control and technological innovation,” — Holland & Knight, International Law Firm.
The law firm also clarified that all reported information must comply with existing rules governing updates to Colombia’s Single Taxpayer Registry. Entities subject to the regulation are responsible for correcting errors, updating records when necessary, and retaining information for the required statutory period.
For individual users, the implications are clear. On-chain activity involving assets such as Bitcoin, Ethereum, or stablecoins will no longer be private, as information sharing between crypto service providers and DIAN becomes standard practice starting with the 2026 tax year.
The push for stricter Colombia crypto regulation comes amid strong adoption metrics. Colombia ranks 29th globally in crypto adoption, with more than five million citizens estimated to hold digital assets.
Centralized platforms such as Wenia, incorporated in Bermuda, are widely used by local investors, underscoring the scale of cross-border and domestic crypto activity now under scrutiny.
The Crypto Council for Innovation has observed that Colombia is deliberately advancing crypto-related regulation to formalize the sector and integrate digital wealth into the national tax system.
While the framework promises a more regulated environment for investors, it also signals a clear end to anonymity in crypto transactions within the country.
As Colombia crypto regulation enters its first full year of observation, both service providers and users face a new reality: participation in the digital asset economy now comes with expanded reporting obligations and heightened regulatory visibility.
