2026-01-11 16:31:14

Colombia's tax authority DIAN just rolled out Resolution 000240, formally adopting the OECD's Crypto-Asset Reporting Framework. Here's what it means: Starting from the 2026 tax year, all cryptocurrency exchanges operating in Colombia must begin reporting user transaction data and personal information to authorities. The assets covered include major cryptos like Bitcoin, Ethereum, and USDT, among others.

Timeline matters here—exchanges have until May 2027 to file their first batch of reports. Any transactions exceeding $50K automatically trigger compliance alerts. The penalty structure is no joke either: non-compliance can result in fines reaching up to 1% of unreported amounts.

This is part of a broader global shift toward crypto transparency and tax enforcement. If you're trading or holding significant crypto positions linked to Colombian tax residency, it's worth getting your documentation sorted sooner rather than later.

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OnchainFortuneTeller

· 22m ago

It seems another country is starting to crack down on the crypto industry. Colombia's move is quite swift... --- Reporting is required for amounts over $500,000, so it's time to organize your holdings carefully. --- Transparency is a good thing, but it feels like exchanges are becoming filters; everything must be reported. --- Enforcement begins in 2026, so everyone still has two years to escape... Just kidding, haha. --- Fines can be as high as 1%, which is quite powerful. Compliance is a must. --- This is the global trend; there's no avoiding it. The key is to get your books in order early. --- The privacy in the crypto world is disappearing more and more. In plain terms, it's being integrated into the financial system. --- Colombia's DIAN has taken a pretty tough stance, turning exchanges directly into eyes for the tax authorities.

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DataChief

· 01-11 17:00

Damn, bro, now I really can't play hide and seek anymore, starting from 2026 everything will be fully transparent... Now many people will have to start organizing their small ledgers, triggering a $500,000 alarm will set off an alert, just thinking about it makes me nervous... No wonder the global community has been doing this in recent years; tax authorities are really trying to see through us... Honestly, it's wise to organize your documents in advance; anyway, taxes will have to be paid sooner or later... The red line of $500,000 is a bit harsh, for ordinary retail investors it's okay, but for large transactions, we need to think of a way... Wait, does this mean all exchanges have to cooperate? Won't the exchanges just run away then... What happened to decentralization? Now it seems more and more centralized regulation... Once this policy is implemented, many people's investment strategies will need to be adjusted... A 1% fine doesn't seem like much, but with such a large base, it adds up...

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FarmHopper

· 01-11 16:50

Oh no, here they come again... Countries are probing our wallets --- Above $50k USD gets exposed? I need to reconsider my strategy --- Starting in 2026? There's still a chance, better get my accounts in order --- Honestly, OECD's approach will eventually be implemented worldwide, Colombia is just the beginning --- A 1% fine... That's harsh, it's still more cost-effective to pay taxes honestly --- Exchanges are becoming eyes and ears for tax authorities, freedom is gone --- Colombian residents need to be careful, we're still too small to care haha --- This level of transparency is a bit over the top, feels like privacy is gone --- May 2027 still has nearly two years of buffer, no need to rush

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FlashLoanPrince

· 01-11 16:50

Here we go again... Global governments are one after another trying to make our on-chain activities transparent, ha Starting from 2026, Colombia will also require reporting, with automatic alerts for transactions over $500,000... Now that’s comfortable We crypto folks need to start organizing our documents, brothers, or we might end up losing everything including our underwear from fines This wave of global regulation is really unstoppable, copying a pattern worldwide Friends trading cryptocurrencies in Colombia can start preparing, or else get ready to receive a fine Once the OECD framework is implemented, it feels like privacy is becoming increasingly difficult... Compliance is inherently the trend, just didn’t expect it to spread so quickly Be careful with large transactions; the system will automatically flag you... Honestly, it’s better to get your accounts in order early than anything else It’s OECD again, and transparency... Over the years, keys have been the safest Now it’s really unstoppable; tax authorities are reaching further and further

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