The Colombian National Tax Authority requires cryptocurrency exchanges to submit user data to combat tax evasion

The Colombian National Tax Authority DIAN, through Resolution No. 000240, requires local cryptocurrency service providers to collect and submit detailed user and transaction data.

The reported information includes account ownership details, transaction volumes, number of transfers, market value, and net balances. This regulation applies to both domestic and foreign exchanges and intermediaries providing services to Colombian residents or taxpayers, aiming to enhance transparency in the digital asset sector and combat tax evasion. The first complete report for the 2026 tax year will be submitted by the last working day of May 2027. Failure to comply with the regulations or submit accurate data may result in fines of up to 1% of the unreported transaction amount.