Norway Sees Surge in Crypto Reporting for 2024
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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.
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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.






