Regulation · Norway
Crypto regulation in Norway
Last updated: 5 July 2026
At a glance
- MiCA applicable: ✓ Yes - via the EEA Agreement (Crypto Asset Act, in force since 1 July 2025)
- Transition period: Ended 1 July 2026 - a full MiCA CASP licence is now required
- Competent authority: Finanstilsynet (NO)
- Capital-gains rate: 22%
- Wealth tax (formuestatt): 0.7%–1.1% on crypto holdings
- Tax filing: Skatteetaten Form RF-1224
1. Norway’s EEA status and MiCA
Norway is not an EU member state, but is a member of the European Economic Area (EEA) along with Iceland and Liechtenstein. The EEA agreement does not automatically transpose EU regulations - each EU regulation is reviewed by the EEA Joint Committee, adapted, and only then applied.
MiCA has been incorporated into the EEA Agreement and now applies in Norway through the Crypto Asset Act (kryptoeiendelsloven), in force since 1 July 2025. This means:
- Norwegian CASPs can operate in the EU market (and vice versa) via the EEA passport
- The transition period for existing operators was 12 months and expired on 1 July 2026 - after that a full MiCA CASP licence is required, and unlicensed firms must wind down
2. Finanstilsynet - the MiCA regime
Finanstilsynet is Norway’s authority for authorising and supervising CASPs under MiCA. Since 1 July 2026:
- CASP licence - every crypto operator must hold a full MiCA authorisation (no longer just a VASP registration)
- AML supervision - under Norway’s financial-crime act
- Consumer protection - under MiCA and general consumer-rights rules
Registry: finanstilsynet.no/en.
3. Taxes - Skatteetaten
3.1. Capital-gains rate
In Norway, crypto capital gains are taxed at 22% - the same rate as other capital income. Lower than Sweden (30%) and Denmark (up to 52%).
3.2. Wealth tax (formuestatt) - a Norwegian quirk
Norway is one of the few Nordic countries with a wealth tax (formuestatt). It also applies to crypto holdings:
- Base rate: 0.7%
- Higher rate above ~NOK 20 million: 1.1%
- Allowance: roughly the first NOK 1.7 million
That means even if you don’t sell your Bitcoin, you owe an annual tax on its value above the allowance threshold. This is a Norway-only situation in the EU/EEA context.
3.3. Filing
Skatteetaten Form RF-1224 (kryptovaluta) is used for filing crypto transactions and holdings. Deadline - 30 April for the previous calendar year.
3.4. Tools
Kryptosekken is a Norwegian niche tool with direct support for Skatteetaten’s RF-1224 and wealth-tax calculations. Divly and Koinly also support the RF-1224 form.
4. The biggest NO-based crypto operators
- Firi - the leading crypto exchange in Norway and the Nordics (over 400,000 users), holding a MiCA CASP licence from Finanstilsynet
- K33 Markets - Oslo-based brokerage, MiCA CASP-licensed (June 2026)
- TÝR Markets - the first Norwegian crypto broker with a full CASP licence
- NBX (Norwegian Block Exchange) - listed platform, MiCA CASP-licensed by Finanstilsynet (June 2026)
Disclaimer
This is a general informational overview, not legal or tax advice. Wealth-tax calculations can be complex - consult a licensed Norwegian accountant.