Colombia has taken a new step toward stricter oversight of cryptocurrency activity by rolling out detailed tax reporting rules that align with emerging global standards. The country’s tax authority, DIAN, adopted the measures through Resolution 000240, signed in late December, placing crypto asset service providers under clearer and more formal obligations starting with the 2026 tax year.
The changes come as governments worldwide prepare to implement the OECD’s Crypto-Asset Reporting Framework, known as CARF. That framework aims to standardize how countries collect and exchange information on crypto transactions to reduce tax evasion and improve cross-border transparency. Colombia’s move places it among jurisdictions actively preparing for that shift.
Under the new rules, crypto activity will no longer rely mainly on self-reporting by individuals. Instead, DIAN will receive structured information directly from platforms, giving tax authorities a clearer picture of how digital assets are used inside the country.
New obligations for crypto platforms
The resolution expands reporting duties to crypto exchanges, custodial platforms, and other service providers that facilitate digital asset transactions for Colombian users. This includes foreign platforms that offer services to taxpayers in Colombia, even if they operate from abroad.
Providers must collect identifying information on users and detailed data on transactions carried out during the year. The goal is to allow DIAN to match reported crypto activity with individual tax filings and detect gaps or inconsistencies more efficiently.
Although the rules formally apply to activity starting in 2026, platforms are expected to adjust their systems well in advance. The first full annual reports covering 2026 transactions are due by the last business day of May 2027, according to the resolution.
Link to global reporting standards
Colombia’s framework closely mirrors the OECD’s CARF model, which extends existing international tax reporting rules into the crypto sector. CARF requires participating countries to exchange information automatically, similar to how bank account data is shared under earlier transparency agreements.
By aligning its domestic rules with CARF, Colombia positions itself to participate in future information exchanges with other jurisdictions. This is especially relevant as crypto users often move assets across borders with ease, making unilateral oversight less effective.
The move also signals a broader policy shift. While Colombia has not banned crypto activity, it is reinforcing the idea that digital assets fall squarely within the tax system. As CARF adoption spreads globally, similar reporting regimes are expected to become standard rather than exceptional.
For Colombian authorities, the new rules promise stronger enforcement tools. For crypto platforms and users, they mark a transition toward closer scrutiny and more formal integration of digital assets into traditional tax compliance frameworks.
