Colombia's Crypto Regulatory Approach Criticized in Comparative Study

A 2025 study by researchers from the University of Guadalajara highlights gaps in Colombia's cryptocurrency regulation. While the DIAN tax authority and the UIAF financial intelligence unit actively track tax compliance and illicit flows, the study argues that the state neglects user protection. The authors note that despite reporting requirements for Virtual Asset Service Providers, Colombia lacks comprehensive frameworks for platform authorization, fund custody, and the verification of reported data.