Colombia Mandates Crypto Reporting to DIAN

Colombia's tax authority has imposed new reporting requirements on cryptocurrency service providers, mandating the collection and submission of detailed user and transaction data to enhance oversight of digital assets. The Directorate of National Taxes and Customs, known as DIAN, issued Resolution 000240 on December 24, 2025, aligning the country's regulations with the Organisation for Economic Co-operation and Development's Crypto-Asset Reporting Framework.

Under the resolution, exchanges, intermediaries, custodians, and other platforms handling cryptocurrencies such as Bitcoin, Ether, and stablecoins like USDT and USDC must perform enhanced due diligence on users. This includes gathering identifying information, such as tax residency and beneficial ownership, along with transaction details like volumes, transfer amounts, net balances excluding commissions, and fair market values. The rules apply to both domestic and foreign providers serving Colombian residents, regardless of whether they hold local licenses. Transactions exceeding 50,000 will trigger automatic alerts to DIAN, while all relevant activity must be reported in standardized electronic formats, such as XML files.