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[Number of Cryptocurrency Filers in Norway Increases by 30%, Total Assets Exceed $4 Billion] The Norwegian Tax Administration announced that for the 2024 fiscal year, more than 73,000 people declared holding cryptocurrencies, with a total value exceeding $4 billion, representing a year-on-year increase of approximately 30%. Tax Director Nina Schanke Funnemark stated that multiple measures have encouraged more individuals to report their crypto assets in compliance with regulations. Among the declared assets, approximately $550 million were gains, while $290 million were losses. Starting in 2026, Norway plans to require exchanges and custodians to report cryptocurrency holdings through third-party reporting.

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