2026-01-11 16:34:12

Colombia's tax authority (DIAN) officially issued Resolution No. 000240, announcing the adoption of the OECD International Reporting Standard Framework for crypto assets. This means that exchanges operating in the country are required to establish a comprehensive data reporting mechanism.

According to the new regulation, trading platforms must submit user transaction information to the tax authorities, covering trading data for mainstream crypto assets such as BTC, ETH, USDT, and others. The policy will take effect starting from the 2026 tax year, with the first reporting deadline set for May 2027.

It is noteworthy that the system has set a trading monitoring alert threshold—any single transaction exceeding $50,000 will automatically trigger an alert mechanism. For exchanges that fail to meet compliance requirements on time, regulatory authorities will impose a fine equivalent to 1% of the violation amount. This has significant implications for increasing transparency across the industry and improving tax governance.

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VitalikFanboy42

· 01-12 16:53

Colombia's approach is brilliant—trigger an alert with just $50,000, and retail investors tremble. Brothers, this is turning on-chain activities into off-chain ones, and we won't report until 2027. How am I supposed to handle the price difference in the meantime? Compliance fines are 1% of the violation amount... I swear, this is forcing exchanges to shoot themselves in the foot. Really? Both BTC and USDT need to be reported? Then can I still sneak around with my on-chain activities? Here we go, the OECD framework is spreading globally. Follow compliance to the death, non-compliance to the death—exchanges are caught in the middle and despairing. Wait, is $50,000 per transaction or daily average? Why is this condition so vague? If I transfer to a DEX and run away, will I be safe... No, they have monitoring and warning lines. It should have been regulated long ago, to prevent more reasons for frozen accounts. Reporting data only starts in 2027. How many documents are needed for transaction income in these two and a half years? It's ridiculous.

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rugdoc.eth

· 01-11 17:03

Colombia is aiming to make exchanges completely transparent, with alerts triggered at $50,000—pretty strict. --- Another country implementing a reporting mechanism, no hiding now, gotta think about how to evade. --- It won't take effect until 2026, which is quite lenient. Anyway, this is the trend; compliance is inevitable. --- A 1% fine sounds small? For platforms with large trading volumes, it's an astronomical number; it depends on how it's calculated. --- Expanding the OECD framework to Latin America shows they're really deploying a global network—privacy is becoming increasingly difficult. --- Setting the threshold at $50,000 so low means everyday traders also need to be cautious. --- Miners and exchanges can't escape; only hope that policies don't get stricter. --- This news is good for CEXs; decentralized platforms, on the other hand, have dodged a bullet.

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ThesisInvestor

· 01-11 17:01

Here we go again, Colombia has also started strict inspections. A $50,000 trigger alert, now small transactions are honest. --- Reporting only begins in 2027? Giving yourself a two-year buffer, smart. --- A 1% fine may not sound much, but with a warning triggered by a single $50,000 transaction, there's nowhere to hide. --- The OECD framework is being rolled out worldwide. Do privacy coins still have a future? --- Transparency and tax governance—basically, all data is shown to the government. --- The nightmare for exchanges has begun. Who knows how many small platforms will go bankrupt. --- Colombia is quite efficient. Isn't the 2026 effective date still waiting?

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RugpullTherapist

· 01-11 16:59

Here comes another round of regulation, Colombia can't sit still either $50,000 warning threshold? On-chain privacy is really saying goodbye now Takes effect only in 2026, how many people will run away in these two years... Finally, these exchanges are going to be forced to reveal their data, about time OECD framework global rollout? Feels like the entire industry is about to be exposed I just want to know how small exchanges will handle a 1% fine, probably a lot will go out of business Once these rules are in place, will anonymous coins have an even harder time It should have been like this a long time ago, to prevent certain platforms from using all kinds of tricks to evade taxes Compliance costs will rise again, should the transaction fees for crypto users go up... I'm a bit curious how OTC traders will respond to this

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FOMOSapien

· 01-11 16:53

Another position snatched? Colombia is really serious about this, triggering an alert at $50,000... --- The era of compliance has truly arrived; there's no escaping it. --- Wait, reporting only in 2027? Then I still have a chance... No, I mean, compliance is very important. --- A 1% fine may not seem much, but it’s hard to ignore given the high trading volume. Trading profits are being optimized through crazy processes. --- It's the same old OECD approach—what's the deal with the global uniform cash grab? --- Miners and large holders need to start shifting now. Transparency is actually good news for retail investors. --- The $50,000 threshold... it's a bit awkward. Who would dump that much all at once? Haha. --- Colombia is leading the way; other countries won't be far behind...

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BearMarketSurvivor

· 01-11 16:42

Here it comes again, the wave of compliance is simply unstoppable. Wait, an alert at $50,000? How many orders would it take to fill a complete wallet? Colombia's move is well played; how about other countries? It doesn't take effect until 2026. Do I still have time to run away? Haha Transparency—friendly to retail investors? I have my doubts.

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SmartMoneyWallet

· 01-11 16:37

Warning level at 50,000 USD? These people really don't understand on-chain data flow. Big whales can easily split orders to avoid detection. Wait, fund flow is the key. They monitor exchange deposits and withdrawals. Who is in charge of the chip distribution on the bridge? Retail investors think compliance makes them safe. That's laughable. Large funds have already been planning their migration routes.

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