Norway Experiences a 30% Increase in Cryptocurrency Tax Reporting — $4 Billion in Digital Assets Declared.

Norway has seen a big increase in cryptocurrency tax reports. Over 73,000 people shared their digital asset holdings in their 2024 tax returns. This is a 30% rise from last year, according to the latest data from the Norwegian Tax Administration (Skatteetaten).

This surge signifies the most substantial year-on-year growth in cryptocurrency reporting since the inception of records and indicates an increasing level of transparency within the nation’s digital asset market.