Colombia Brings Crypto Exchanges Into the Tax Net

[johnblockbuster]

Colombia has taken a decisive step toward stricter crypto tax enforcement by forcing exchanges and intermediaries to report detailed user data. Under Resolution 000240, issued by DIAN, crypto platforms must now collect information on account ownership, transaction volumes, asset values, and balances.

While individual users were already required to declare crypto holdings, this marks Colombia’s first real third-party verification mechanism. With reporting starting from the 2026 tax year and penalties reaching up to 1% of unreported transactions, the move signals that crypto activity in one of Latin America’s fastest-growing markets is now firmly under government oversight.

[cryptohog]

colombia forcing platforms to report everything feels like the real end of the honor system