Colombia requires crypto platforms to report BTC, ETH, stablecoin users and transactions to tax authority

Published: 2026-01-09 11:37:57 |

Colombia’s National Tax and Customs Directorate (DIAN) issued Resolution 000240 on 24 Dec 2025, obliging domestic and foreign crypto exchanges, intermediaries and platforms that serve Colombian residents to collect and report detailed user and transaction data beginning with the 2026 tax year. Reporting must follow the OECD Crypto-Asset Reporting Framework and cover Bitcoin (BTC), Ether (ETH), stablecoins and other crypto-assets. Required fields include account-holder identification and tax ID, transaction volumes, units transferred, market values, and period-end net balances. The collective report for the 2026 calendar year is due by the last business day of May 2027. Non-compliance may trigger penalties — fines up to 1% of the value of undeclared transactions. DIAN’s move aims to increase traceability and curb tax evasion; Colombia recorded roughly $44.2 billion in crypto transaction volume between July 2024 and June 2025, making it one of Latin America’s largest markets. For traders, the rule raises compliance costs for platforms, may reduce anonymity and OTC activity, and could increase on-chain reporting and tax-driven selling around reporting deadlines.

Neutral

The rule increases regulatory scrutiny and could raise short-term selling pressure from users or platforms adjusting positions for tax reporting, which can be negative for immediate price action. It also reduces anonymity and may shrink OTC and informal channels, potentially lowering demand from privacy-seeking buyers. However, the policy applies broadly and increases market transparency—factors that support institutional confidence and long-term market integrity. Because the announcement affects reporting and compliance rather than protocol fundamentals, the net expected price impact on BTC and ETH is limited: possible short-term volatility or dampened demand around reporting deadlines but neutral to mildly positive long-term due to improved regulatory clarity.