News
According to Norwegian authorities, more than 73,000 people in the country reported on $4 billion in crypto holdings for the 2024 tax year.
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Norway News
The Kingdom of Norway is a unitary country in the Scandinavian Peninsula and several islands with an area on 385 thousand kilometers and a population of 5.3 million people. Norway is one of the wealthiest countries in the world in terms of income per capita. It is also high in such indexes as democracy, happiness and education. Most Norwegian exports are based on petroleum, but also include agriculture, heavy machinery and chemical products. Cryptocurrencies are legal in Norway and the taxation system of Norway applies to Bitcoin. Bitcoin profits are a subject of wealth tax and usage of Bitcoin is performed under sales tax regulations. Bitcoin’s definition in Norway is an asset and not any type of money. High technological development and the liberal market of the country made Norway a blockchain startup-welcoming place.
- News
Data from Polymarket showed one user with a recently opened account made more than $30,000 exclusively through bets on the peace prize winner.
5178 - News
The European country’s sovereign wealth fund does not hold BTC directly but has indirect exposure through a portfolio of crypto companies.
19443 - Newsletter
Corporations race to build Bitcoin treasuries as stablecoins gain momentum and landmark regulations take shape worldwide.
3893 - News
Green Minerals says it will raise $1.2 billion to buy Bitcoin and plans to adopt blockchain technology in areas such as supply chain transparency and operational efficiency.
4945 - News
A temporary ban could be imposed as early as autumn based on an investigation into crypto miners’ energy consumption.
4995 - News
Norwegian crypto broker K33 is raising at least 85 million Swedish krona ($8.9 million) through a share issue for its plan to purchase up to 1,000 Bitcoin for its treasury.
4775 - News
Shares in the Norwegian Block Exchange jumped 138% on June 2 after the crypto exchange said it bought 6 Bitcoin and planned to buy many more.
4817 - Opinion
As Bitcoin’s value skyrockets, governments may turn to wealth taxes to tap into unrealized gains, raising questions about the future of crypto taxation.
3206 - Market Analysis
Norway’s $1.7 trillion sovereign fund saw heavy losses in the first quarter of this year. Should it increase or decrease its Bitcoin exposure?
8604 - News
Authorities in Norway allege that the creators of a crypto scheme laundered $62 million through the accounts of a local law firm.
3599 - Market Analysis
Bitcoin price moves closer to its all-time high, and the absence of euphoria in derivatives markets is a positive sign.
7234 - Market Analysis
Bitcoin kicked off 2025 with a bang, but a fresh set of factors needs time to congeal before BTC price can chase new highs.
9196 - News
Norway’s sovereign wealth fund, managed by Norges Bank Investment Management, has positions in MicroStrategy, Square, Tesla, MARA Holdings, Riot Platforms and Coinbase.
6003 - News
Quantoz Payments has partnered with Kraken, Tether and Fabric Ventures to launch MiCA-compliant EURQ and USDQ stablecoins in the EU, aiming for secure, efficient digital payments.
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