Global policy tightening: Colombia and France upgrade crypto tax regulation, exchanges face new compliance pressures

SignatureVerifier · 2026-01-09T08:20:12+00:00

Global cryptocurrency regulations are becoming increasingly strict. Colombia and France have introduced new tax reporting systems requiring exchanges to report user information and disclose high-value personal wallets, aiming to improve tax transparency and prevent tax evasion. This has led to higher compliance costs and more complex user privacy management.

SignatureVerifier

2026-01-09 08:20:12

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【Crypto World】Global cryptocurrency regulation is tightening. Recently, Colombia and France have respectively introduced stricter mandatory tax reporting systems, having a tangible impact on industry participants.

Colombia’s new policy is quite direct—the tax authorities require exchanges to collect and report detailed user information, including key data such as trading volume and account net balance. Non-compliance can result in hefty fines, up to 1% of the undeclared amount. For exchanges, this means a significant increase in data compliance costs, and handling user privacy becomes more complex.

France has taken a different approach. Instead of focusing solely on centralized exchanges, they have turned their attention to personal custody wallets. If you hold more than 5,000 euros in crypto assets in your wallet, you are required to proactively declare it. This move directly expands the regulatory network into the on-chain world, no longer limited to traditional platforms.

The logic behind these policies is quite clear: governments want to understand the true flow of cryptocurrencies and close tax evasion loopholes. This aligns with the global trend toward tax transparency, but for exchanges and individuals who want to stay compliant while maintaining user experience, adapting to these new rules will require time and costs.

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SchroedingerGas

· 01-09 08:49

Here we go again, governments all want to take a cut from us That move in France is really harsh, they’re even targeting wallets, requiring declaration for 5000 euros? How can they verify... Colombia exchanges are now busy, privacy is gone and compliance fees are ridiculously high Is the era of Run nodes coming?

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AllTalkLongTrader

· 01-09 08:48

Here we go again, this time Colombia and France are swinging swords. Our traders are about to get cut again... France is really extreme, even wallets need to be monitored, and 5000 euros must be reported? Sooner or later, the whole world will have to use Monero, brother. The exchange in Colombia is about to die, data costs double, and in the end, it's still the users who pay the bill. Regulation never ends. Just two months after calming down, new tricks are coming again. Europe is not playing fair, directly targeting wallets... Is this the pace to also control decentralization?

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AirdropHunter007

· 01-09 08:41

Another round of regulatory crackdown to cut leeks? Now we really have to pay taxes honestly. Why does it feel like the whole world is surrounding us players? France's move to directly copy wallets and require a 5000 euro declaration—are they trying to treat the on-chain world like bank accounts? Colombia's 1% fine may not sound like much, but when combined with exchange costs, can our fees still be cheap? Haha If self-custody wallets also need to be reported, what’s the point of decentralization... Do we have to hide coins in cold wallets forever and never move them?

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CryptoCrazyGF

· 01-09 08:38

France's move is really clever, locking wallets with 5000 euros directly? Can't even keep privacy anymore. Is the next step to track every on-chain transfer...

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GasFeeCrybaby

· 01-09 08:36

Here we go again, France is directly targeting wallets, there's nowhere to hide now... --- Colombia's recent fines are really harsh, transaction proceeds are being spent on compliance --- Is 5000 euros the threshold for reporting? Are the French trying to tax the entire chain? --- Privacy issues are really hitting hard, it feels increasingly difficult --- Why does it seem like the whole world is closing off all exits... Waiting to see which country will loosen regulations first --- Exchanges are facing increasingly tough times, costs are about to rise again --- The move to expand regulatory oversight to on-chain activities was truly unexpected

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TokenomicsPolice

· 01-09 08:34

Here we go again, regulations are getting tougher. France's move is really clever, even wallets are being monitored.

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