Colombia's National Tax Authority has ordered cryptocurrency exchanges to submit user data in an effort to combat tax evasion.

Colombia's National Tax Authority (DIAN) has issued Resolution No. 000240, requiring local crypto service providers to collect and submit detailed user and transaction data. Reported information includes account ownership details, transaction volume, transfer amounts, market value, and net balance. This regulation applies to domestic and foreign exchanges and intermediaries serving Colombian residents or taxpayers, aiming to increase transparency in the digital asset sector and combat tax evasion. The first full report for the 2026 tax year must be submitted by the last business day of May 2027. Failure to comply or submit accurate data may result in penalties of up to 1% of the unreported transaction amount.