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LATAM crypto news: Colombia tightens DIAN reporting, Brazil launches BRD

by January 11, 2026
by January 11, 2026 0 comment

This week in LATAM crypto news, from Colombia to Brazil and Venezuela, the region is witnessing significant advancements in the cryptocurrency field.

Some notable examples include: Colombia’s DIAN tightens cryptocurrency transaction reporting laws, Brazil debuts a new government-backed stablecoin with yield sharing, and Venezuelan exchange Kontigo promises to fully recover cash following a security compromise.

Colombia tightens cryptocurrency oversight with DIAN

Colombia has implemented new bitcoin reporting laws through the DIAN (National Tax and Customs Directorate) to conform with OECD norms.

Beginning in 2026, crypto service providers must declare transactions exceeding 50,000 pesos (about $13 USD), including the type of cryptocurrency and customer details.

The laws apply to platforms, middlemen, and legal companies in an effort to promote transparency and reduce tax avoidance.

The first complete reporting period begins in 2026, and platforms must submit their initial reports by May 2027.

Users may lose anonymity while transacting with assets such as Bitcoin, Ethereum, and stablecoins, and penalties for noncompliance may exceed 1% of unreported amounts.

Experts recommend keeping detailed records of purchases, transactions, and holdings to guarantee accurate reporting and compliance.

Tony Volpon unveils BRD, Brazil’s government-backed stablecoin

Former Central Bank Director Tony Volpon has announced the introduction of BRD, a stablecoin backed by Brazilian government bonds.

The idea intends to combine the stability of a digital currency pegged to the real with the high interest rates offered by Brazilian debt, which now averages 15% per year.

During an interview with CNN Brasil’s “Cripto na Real,” Volpon stated that the BRD aims to democratize access to these rates for investors worldwide, making it easier for international participants to benefit from Brazil’s financial markets.

BRD stands out as Brazil’s first real-backed stablecoin that openly shares returns with holders.

With this launch, Brazil now has six real-backed stablecoins: BRZ, BRLA, cREAL, BBRL, BRL1, and BRD. Beyond BRD, Volpon continues to innovate in the Brazilian cryptocurrency area with projects such as real estate tokenisation and blockchain-based registry solutions, with the goal of modernising the country’s financial and real estate markets while encouraging transparency, efficiency, and increased investor access.

Kontigo faces a security breach, promises full Fund recovery

On January 5, 2026, the Venezuelan exchange platform Kontigo disclosed an unlawful access event involving some customer funds.

The company promptly isolated the compromised systems, engaged security mechanisms, and informed users that all affected monies would be returned while it investigated the entire extent of the hack.

Kontigo highlighted that user assets are still safeguarded despite the event, which affected both regular users and the CEO.

The platform sent updates via its official X account, providing instructions to concerned users and emphasising fundamental security standards, such as not sending passwords or personal information via messaging.

Analysts advise users to remain calm, avoid making fresh deposits, and keep all transaction data for future claims.

Kontigo has temporarily banned withdrawals as a precaution while the inquiry is ongoing, with the next official update set for 2:00 PM Venezuelan time.

The company’s resolve to refund any affected wallets adheres to industry norms for dealing with crypto security issues and wants to maintain customer trust in the face of mounting worries.

The post LATAM crypto news: Colombia tightens DIAN reporting, Brazil launches BRD appeared first on Invezz

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