Colombia’s tax authority has introduced stricter rules for cryptocurrency transactions as part of efforts to align with evolving international norms.
The National Directorate of Taxes and Customs issued Resolution No. 000240/2025, requiring crypto exchanges and service providers to report detailed user and transaction data from the 2026 tax year.
Platforms must disclose activities above $50,000, covering bitcoin, altcoins and other digital assets, to strengthen oversight and reduce tax evasion.
The move marks a shift from largely voluntary compliance to enforced accountability in Colombia’s crypto sector.
Previously, cryptocurrencies were treated as intangible assets subject to capital gains tax, but limited reporting hindered enforcement.
Individuals and businesses using crypto for payments or investments will now face additional reporting obligations and potential penalties for non-compliance.
The framework aligns Colombia with the OECD’s Crypto-Asset Reporting Framework, which promotes cross-border data sharing on crypto transactions.
Officials say adoption of global standards will help prevent anonymous activity and close loopholes used for tax avoidance.
Supporters argue clearer rules could attract institutional investors and stabilise Colombia’s growing crypto market.
Critics warn that higher compliance costs may burden smaller platforms and accelerate market consolidation.
At the time of reporting, Bitcoin price was $90,768.61.