Colombia Mandates Disclosure of Bitcoin and Crypto Transaction Data

According to Colombia’s National Tax and Customs Directorate, Resolution 000240 requires crypto platforms to collect and report user and transaction data, expanding oversight across Bitcoin, Ether, stablecoins, and other digital assets.

BTC

Summary

Colombia’s National Tax and Customs Directorate (DIAN) has implemented Resolution 000240, obliging cryptocurrency platforms operating in the country to collect, store, and report detailed user and transaction data. The regulation applies to Bitcoin, Ether, stablecoins, and other digital assets, strengthening the government’s ability to monitor crypto activity for tax and compliance purposes.

Terms & Concepts
  • DIAN: Colombia’s National Tax and Customs Directorate, the authority responsible for tax administration, customs control, and fiscal oversight.
  • Resolution 000240: A regulatory measure issued by DIAN that mandates crypto platforms to collect and report user and transaction data related to digital assets.
  • Stablecoins: Cryptocurrencies designed to maintain a stable value by being pegged to assets such as fiat currencies or commodities.