The Colombian Tax and Customs Authority (DIAN) officially issued Resolution No. 000240, requiring all crypto exchanges and digital asset service providers in the country to report users' transaction details to the tax authorities. The scope includes all transaction records of Bitcoin, Ethereum, and mainstream stablecoins such as USDT and USDC. This initiative aims to align with the Crypto Asset Reporting Framework (CARF) promoted by the Organisation for Economic Co-operation and Development (OECD) and to strengthen cross-border tax transparency. The new regulation will be implemented starting from the 2026 tax year, with the first data summary and reporting scheduled for May 2027. This means that crypto users and trading platforms in Central and South America need to prepare in advance for information disclosure.
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UnluckyLemur
· 6h ago
Oh no, another major regulation... Colombia is also starting to implement transparency measures.
Privacy or taxation, you have to choose one.
This makes life even harder for exchanges, really.
Wait, it doesn't start until 2026? Is there still time to run away? Haha.
Friends in Central and South America, you better pay attention.
Another OECD framework, it seems the whole world is watching our wallets.
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CryptoPunster
· 10h ago
Colombia is about to start taxing, and now the South American retail investors will have to start clearing their browsing records.
The exchanges in Central and South America are about to be turned upside down. Hurry up and change your addresses to Mars before 2027.
Transparency? Basically, the government wants to look at our ledgers too. Don't pretend, everyone.
It's another "aligning with OECD" story. Step by step, pushing global regulation forward. I bet five cents this isn't the end.
Wait, it only starts in 2026? So do my current transactions still count? Asking just to find an excuse to whitewash the past.
But on the other hand, this move is definitely speeding things up. It feels like the wheel of global tax transparency can’t be turned back.
Friends in South America should do their homework early, or next year at this time, they'll be the main characters in "Tax Self-Deprecation Literature."
Cross-border regulation, sooner or later, will reach us too. Watching Colombia’s story now is like a spoiler for the future.
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AirdropHarvester
· 01-09 03:52
Oh no, here it comes again, the exchange is about to be exposed
Please don't harm innocent retail investors, everyone
2026 is just the beginning? Then I better quickly clean up the books
This wave in Central and South America is probably going to blow up
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StakeOrRegret
· 01-09 03:52
Oh no, another piece of privacy is gone...
Another country is tightening regulations, and there's really no way to escape now.
2026? Just two years away, and the trading income will be overwhelming.
Aligning with the OECD means a global effort to harvest the profits.
Brothers in Central and South America must be starting to tremble.
Transparency, transparency—basically, it's about laying you out in the sunlight.
The cost of compliance is losing your freedom.
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PerpetualLonger
· 01-09 03:44
Oh no, it's happening again. This time I really have to buy the dip. The retail short-sellers should be crying.
Implementation is only in 2026? Then I need to increase my position now while I can still stay hidden and stock up quickly.
Keep the faith, transparency, transparency. Anyway, I'll run once I break even.
Full positions are always right. Don't be timid. This is the last chance.
Breakthrough is imminent. Who's afraid of whom? Just wait and see the bull market.
Why do we have to pay taxes again? Isn't this forcing us to buy spot? Truly.
Don't panic, don't panic. On-chain data can't be changed, it's just a technical adjustment.
Last time going all-in, brothers. Let's go!
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ContractFreelancer
· 01-09 03:33
Colombia is serious about this, starting implementation in 2026. I thought it would come next year.
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Another one following the OECD... The so-called transparency is just about keeping an eye on our wallets.
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Stablecoins also need to be reported? Then every time I transfer USDT, it will be recorded. Feels like privacy is gone.
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The summary won't be available until 2027. Two years should be enough for users to figure out how to evade it, haha.
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South American exchanges will need to upgrade their systems. Who bears the technical costs?
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No problem with increased transparency, but I'm worried that once the tax authorities get the data, they'll start messing around.
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With this regulation in place, will small coins start moving off-exchange...
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Friends in South America, hurry up. The storm is coming.
The Colombian Tax and Customs Authority (DIAN) officially issued Resolution No. 000240, requiring all crypto exchanges and digital asset service providers in the country to report users' transaction details to the tax authorities. The scope includes all transaction records of Bitcoin, Ethereum, and mainstream stablecoins such as USDT and USDC. This initiative aims to align with the Crypto Asset Reporting Framework (CARF) promoted by the Organisation for Economic Co-operation and Development (OECD) and to strengthen cross-border tax transparency. The new regulation will be implemented starting from the 2026 tax year, with the first data summary and reporting scheduled for May 2027. This means that crypto users and trading platforms in Central and South America need to prepare in advance for information disclosure.