Is crypto legal in Colombia? Regulation & rules (2026)

Crypto assets are not legal tender, money, or securities under Colombian law, but their use is not banned. The SFC and Banco de la República have issued this clarification; no single comprehensive crypto law is yet in force.

Submitted to the House of Representatives on 25 February 2025, this 19-article bill proposes a PSAV (Proveedor de Servicios de Activos Virtuales) registry, licensing requirements, AML/CFT obligations, consumer protection, and a 12-month transition period for existing operators. As of November 2025 it remained pending in Congress.

Issued 24 December 2025, this resolution adds Chapter 11 on crypto-asset service provider reporting to DIAN's unified tax resolution, requiring PSCAs to disclose user transaction data, volumes, and balances for 2026 onward. First report due by end of May 2027; fines up to 1% of transaction value for non-compliance.

The Superintendencia Financiera de Colombia ran a regulatory sandbox for bank-crypto pilots from 2021 to December 2023, which expired without generating a permanent licensing regime.

The SFC has explicitly reminded regulated financial institutions that they are not authorized to hold custody of, invest in, or facilitate transactions involving crypto assets under current rules.

Both Bill 510/2025 (FATF Travel Rule provisions) and DIAN Resolution 000240 (OECD CARF) reflect Colombia's commitment to aligning its crypto AML/CFT and tax-transparency framework with international standards. Resolution 000240 covers foreign PSCAs serving Colombian residents.