Colombia Orders Crypto Exchanges To Report User Data Under New Tax Rules

TLDR

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National Directorate of Taxes and Customs issued Resolution 000240 requiring crypto platforms to report user and transaction data.
The rule applies to local and foreign crypto providers serving Colombian residents or taxpayers.
Reporting starts with the 2026 tax year, with the first full submission due by May 2027.
Non-compliance may trigger fines of up to 1% of the value of unreported transactions.

Colombia is tightening oversight of its digital asset market as tax authorities move to expand reporting duties for crypto platforms. A new rule now obliges exchanges and intermediaries to collect and submit user data. The measure targets tax compliance and transparency as crypto use grows nationwide. It also places new responsibilities on both local and foreign platforms serving Colombian users.

Colombia introduces mandatory crypto reporting framework

National Directorate of Taxes and Customs has issued a new resolution requiring crypto service providers to report user data. The rule was published as Resolution 000240 on December 24, 2025. It applies to exchanges, brokers, and platforms handling bitcoin, ether, stablecoins, and other digital assets.

The authority said the requirement seeks to reduce tax evasion and improve transparency. Crypto activity has expanded in Colombia, yet third-party reporting remained limited. The new framework brings crypto platforms closer to existing financial reporting standards.

🚨JUST IN: COLOMBIA TAX AUTHORITY MANDATES CRYPTO REPORTING
Colombia’s tax authority now requires exchanges and crypto platforms to collect and report detailed user and transaction data on BTC, ETH, stablecoins, and more, as part of a broader push to combat tax evasion. pic.twitter.com/hmtdUqFQFu
— Coin Bureau (@coinbureau) January 9, 2026

The resolution covers both domestic companies and foreign providers. Any platform serving Colombian residents or taxpayers falls under the rule. This includes centralized exchanges and other intermediaries that facilitate crypto transactions.

Scope of data required from exchanges and platforms

Under the resolution, platforms must collect detailed information on users and transactions. Reported data includes account holder identification, transaction volumes, and transferred units. Providers must also disclose market values and net balances linked to each user.

The data will allow the tax authority to cross-check personal tax filings. Individual crypto holders already declare assets and gains in annual returns. However, authorities lacked independent data sources to verify accuracy.

By introducing third-party reporting, the tax system gains direct visibility into crypto flows. The authority can now compare platform data with taxpayer disclosures. This process mirrors controls used in traditional financial markets.

Alignment with global standards and timelines

The reporting framework aligns with the Organisation for Economic Co-operation and Development Crypto-Asset Reporting Framework. Colombia joins other jurisdictions adopting similar standards. These rules aim to standardize how crypto data is shared with tax authorities.

Although the resolution took effect in late 2025, reporting begins with the 2026 tax year. Platforms must prepare systems and compliance processes during this period. The first full report, covering all 2026 activity, is due by May 2027.

The phased timeline gives providers time to adjust operations. Still, compliance will require new data handling and reporting procedures. Foreign platforms may face added complexity when aligning with local requirements.

Enforcement measures and market context

Failure to comply with the resolution carries financial penalties. Non-compliance or inaccurate submissions may lead to fines of up to 1% of unreported transaction values. The authority has not detailed enforcement methods but confirmed sanctions apply.

Colombia’s crypto market has grown at a rapid pace. According to an October report by Chainalysis, Colombia ranked fifth in Latin America by transaction volume. The country recorded $44.2 billion in crypto transactions between July 2024 and June 2025.

The same report showed Colombia as the region’s second-fastest growing crypto market by value received. Brazil ranked first over the same period. These figures explain the tax authority’s focus on stronger oversight.

With the new reporting mandate, Colombia signals closer supervision of digital assets. The rule places crypto platforms within the broader tax compliance framework. Authorities now gain tools to monitor activity while integrating crypto wealth into the formal tax system.