Dear followers, 🇳🇴📊

Norway’s crypto declarations just surged 30%! Total declared assets hit 40.3 billion NOK (~$3.5B) — fueled by tighter regulation & a bullish market. 🚀

💰 Key Insights:

73,000 declarants, avg. 5.5M NOK (~$500K) each.

Only 13.6% of holdings are taxable income → majority still unrealized profits.

Under FIFO tax, early low-entry investors face higher taxes on sales, possibly reducing selling pressure.

2.9B NOK declared losses show active stop-loss execution during market swings.

By 2026, third-party data reporting will tighten oversight — tax gaps expected to shrink.

📈 Overall: Norway’s crypto sector is maturing fast, balancing between transparency, profit-taking hesitation, and a growing regulatory net.

#Norway #CryptoTax #Bitcoin #BlockchainNews #CryptoRegulation