The CARF (or CRF) is an international standard promoted by the OECD that seeks to facilitate the exchange of tax information on crypto-assets between countries. In English, it stands for Crypto Asset Reporting Framework.
At present, Colombia is neither required to comply with nor has formally adopted the CARF, and these standards do not, as of today, imply changes to the operation or use of DolarApp in Colombia.
These developments point toward a more secure financial ecosystem, with clear rules and greater international integration.
This information is provided for informational purposes only and does not constitute legal, tax, or accounting advice. To analyze your particular situation, we recommend consulting a specialized professional.
According to public information released by the OECD and collaborative tracking sources, many countries have expressed their intention to implement the CARF or other similar reporting frameworks, with timelines that could extend to 2028.