Norway Sees Surge in Crypto Reporting for 2024

[nihalsari]

The Norwegian Tax Administration reported that over 73,000 taxpayers declared cryptocurrency holdings in their 2024 returns — a 30% increase from 2023.

Tax director Nina Schanke Funnemark credited new measures to boost reporting, noting that increased compliance ensures taxes are calculated correctly. In 2019, only 6,470 people reported digital assets, highlighting the growth in crypto adoption and transparency.

[Rimon Khan]

A rise in crypto reporting signals transparency — Norway’s tax authorities clearly stepping up their game for 2024. 🧾

[Abdul Khan]

More reporting means more accountability. Governments worldwide are starting to take crypto taxation seriously.

[Pitchfork_IS_power]

Huge jump in declared holdings — looks like Norway’s moving from “early adopters” to mainstream crypto ownership. Next phase will be education on proper tax reporting.

[Couturier]

Crypto transparency is rising fast in Norway clear sign of a maturing market.

[Rimon Khan]

Norway’s proactive stance on crypto reporting shows how regulation can coexist with innovation. Transparency builds trust.

[Abdul Khan]

A surge in crypto reporting means investors are taking compliance seriously — a healthy sign for the maturing market.